YEARLY HIGH
32.0405 ISK
YEARLY LOW
25.9929 ISK
YEARLY AVERAGE
29.2786 ISK

2017 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 32.0405. Conversely, the yearly low was recorded on November 25, dropping to 25.9929.

This high-to-low spread represents a total annual volatility of 6.0477 ISK. From a start-to-finish perspective, comparing the January average rate of 30.5474 to the December average rate of 27.3047, the exchange rate registered a net change of -10.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.0405 was down 28.05% compared to the 2016 peak of 44.5311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,602,026 ISK
2016 Average 2,006,731 ISK
Yearly Trough Low 1,299,643 ISK
Transaction Impact: A difference of 302,382.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.0381
26.3643
JanuMarcMayJulySeptNove

TRY to ISK 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 29.7419, compared to 28.8154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9265 points.

H1 Avg (Jan–Jun) 29.7419
H2 Avg (Jul–Dec) 28.8154

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 2.4968 ISK (High: 31.1853 / Low: 28.6885). On the other end, July was the most stable month, with a tight range of 1.3068 ISK (High: 30.0164 / Low: 28.7096).

March Spread (Volatile) ±2.4968
July Spread (Stable) ±1.3068

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.9748 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 30.5474) against the same month in 2016 (average: 43.3038), the exchange rate shifted by -12.7564 (-29.46%).

2017 Avg (January) 30.5474
2016 Avg (January) 43.3038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.0405 29.5614 30.5474
February 30.8512 29.3023 30.4325
March 31.1853 28.6885 29.7462
April 31.2031 29.7199 30.2344
May 30.1177 27.9235 28.8167
June 29.8345 27.7263 28.6742
July 30.0164 28.7096 29.3229
August 30.9482 29.4196 30.1885
September 31.2179 29.6974 30.6486
October 29.8457 27.7129 28.6738
November 27.9068 25.9929 26.7538
December 27.8292 26.3854 27.3047