YEARLY HIGH
31.2988 ISK
YEARLY LOW
27.4994 ISK
YEARLY AVERAGE
29.6433 ISK

2017 ILS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 31.2988. Conversely, the yearly low was recorded on June 3, dropping to 27.4994.

This high-to-low spread represents a total annual volatility of 3.7995 ISK. From a start-to-finish perspective, comparing the January average rate of 29.9443 to the December average rate of 29.9414, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.2988 was down 6.27% compared to the 2016 peak of 33.3920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156,494 ISK
2016 Average 157,243 ISK
Yearly Trough Low 137,497 ISK
Transaction Impact: A difference of 18,997.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

30.4111
28.4147
JanuMarcMayJulySeptNove

ILS 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 29.5366, compared to 29.7499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2133 points.

H1 Avg (Jan–Jun) 29.5366
H2 Avg (Jul–Dec) 29.7499

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 2.4078 ISK (High: 31.2387 / Low: 28.8309). On the other end, October was the most stable month, with a tight range of 0.5391 ISK (High: 30.2510 / Low: 29.7119).

March Spread (Volatile) ±2.4078
October Spread (Stable) ±0.5391

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 1.6182 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 30.2447) against the same month in 2016 (average: 32.8555), the exchange rate shifted by -2.6107 (-7.95%).

2017 Avg (April) 30.2447
2016 Avg (April) 32.8555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.8662 29.2819 29.9443
February 30.5144 29.2840 29.9283
March 31.2387 28.8309 29.8948
April 31.2988 29.2310 30.2447
May 29.4606 27.7834 28.6266
June 29.6838 27.4994 28.5811
July 30.2743 28.9478 29.3846
August 30.0924 28.9208 29.4018
September 30.7801 29.2978 30.1271
October 30.2510 29.7119 30.0419
November 30.2817 29.1943 29.6027
December 30.4783 29.4935 29.9414