YEARLY HIGH
15.0530 ISK
YEARLY LOW
12.5212 ISK
YEARLY AVERAGE
13.6878 ISK

2017 HKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 15.0530. Conversely, the yearly low was recorded on June 4, dropping to 12.5212.

This high-to-low spread represents a total annual volatility of 2.5318 ISK. From a start-to-finish perspective, comparing the January average rate of 14.7304 to the December average rate of 13.4142, the exchange rate registered a net change of -8.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.0530 was down 10.83% compared to the 2016 peak of 16.8805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 376,325 ISK
2016 Average 388,893 ISK
Yearly Trough Low 313,030 ISK
Transaction Impact: A difference of 63,294.18 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.9096
12.7597
JanuMarcMayJulySeptNove

HKD 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 13.9148, compared to 13.4609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4538 points.

H1 Avg (Jan–Jun) 13.9148
H2 Avg (Jul–Dec) 13.4609

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.0832 ISK (High: 14.8395 / Low: 13.7563). On the other end, October was the most stable month, with a tight range of 0.2361 ISK (High: 13.6520 / Low: 13.4159).

February Spread (Volatile) ±1.0832
October Spread (Stable) ±0.2361

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 April and May, when the average rate fell by 0.9947 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9947

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 14.7304) against the same month in 2016 (average: 16.7029), the exchange rate shifted by -1.9725 (-11.81%).

2017 Avg (January) 14.7304
2016 Avg (January) 16.7029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0530 14.5111 14.7304
February 14.8395 13.7563 14.3622
March 14.5957 13.7235 14.0635
April 14.6355 13.6476 14.1941
May 13.6818 12.7041 13.1995
June 13.4783 12.5212 12.9388
July 13.8114 13.0413 13.3520
August 13.9170 13.3281 13.5345
September 13.8516 13.4113 13.6108
October 13.6520 13.4159 13.5138
November 13.6256 13.1698 13.3402
December 13.5673 13.2170 13.4142