YEARLY HIGH
0.0103 BMD
YEARLY LOW
0.0086 BMD
YEARLY AVERAGE
0.0094 BMD

2017 ISK to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0103. Conversely, the yearly low was recorded on January 11, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0017 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0095, the exchange rate registered a net change of 9.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0103 was up 13.03% compared to the 2016 peak of 0.0091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 51 BMD
2016 Average 42 BMD
Yearly Trough Low 43 BMD
Transaction Impact: A difference of 8.43 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0100
0.0086
JanuMarcMayJulySeptNove

ISK to BMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0093, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0093
H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0007 BMD (High: 0.0103 / Low: 0.0095). On the other end, October was the most stable month, with a tight range of 0.0002 BMD (High: 0.0095 / Low: 0.0094).

June Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0099) against the same month in 2016 (average: 0.0081), the exchange rate shifted by +0.0018 (+22.28%).

2017 Avg (June) 0.0099
2016 Avg (June) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0086 0.0088
February 0.0094 0.0087 0.0090
March 0.0094 0.0088 0.0092
April 0.0094 0.0088 0.0091
May 0.0101 0.0094 0.0097
June 0.0103 0.0095 0.0099
July 0.0098 0.0093 0.0096
August 0.0096 0.0092 0.0094
September 0.0095 0.0093 0.0094
October 0.0095 0.0094 0.0095
November 0.0097 0.0094 0.0096
December 0.0097 0.0094 0.0095