YEARLY HIGH
0.0993 ISK
YEARLY LOW
0.0836 ISK
YEARLY AVERAGE
0.0909 ISK

2017 IQD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0993. Conversely, the yearly low was recorded on June 4, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0156 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0968 to the December average rate of 0.0880, the exchange rate registered a net change of -9.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0993 was down 17.52% compared to the 2016 peak of 0.1203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 496 ISK
2016 Average 531 ISK
Yearly Trough Low 418 ISK
Transaction Impact: A difference of 78.09 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0978
0.0853
JanuMarcMayJulySeptNove

IQD 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 0.0921, compared to 0.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0921
H2 Avg (Jul–Dec) 0.0897

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0074 ISK (High: 0.0977 / Low: 0.0903). On the other end, October was the most stable month, with a tight range of 0.0017 ISK (High: 0.0911 / Low: 0.0894).

April Spread (Volatile) ±0.0074
October Spread (Stable) ±0.0017

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 0.0063 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0968) against the same month in 2016 (average: 0.1190), the exchange rate shifted by -0.0222 (-18.68%).

2017 Avg (January) 0.0968
2016 Avg (January) 0.1190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0993 0.0946 0.0968
February 0.0967 0.0903 0.0943
March 0.0969 0.0902 0.0930
April 0.0977 0.0903 0.0942
May 0.0910 0.0844 0.0879
June 0.0903 0.0836 0.0864
July 0.0921 0.0873 0.0893
August 0.0936 0.0889 0.0907
September 0.0925 0.0887 0.0908
October 0.0911 0.0894 0.0903
November 0.0910 0.0872 0.0892
December 0.0892 0.0866 0.0880