YEARLY HIGH
0.0038 ISK
YEARLY LOW
0.0029 ISK
YEARLY AVERAGE
0.0032 ISK

2017 IRR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IRR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0038. Conversely, the yearly low was recorded on December 31, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0009 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0030, the exchange rate registered a net change of -17.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0038 was down 12.97% compared to the 2016 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 ISK
2016 Average 20 ISK
Yearly Trough Low 14 ISK
Transaction Impact: A difference of 4.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0037
0.0029
JanuMarcMayJulySeptNove

IRR 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 0.0033, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0033
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0003 ISK (High: 0.0038 / Low: 0.0035). On the other end, September was the most stable month, with a tight range of 0.0001 ISK (High: 0.0032 / Low: 0.0032).

January Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0036) against the same month in 2016 (average: 0.0043), the exchange rate shifted by -0.0007 (-16.73%).

2017 Avg (January) 0.0036
2016 Avg (January) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0035 0.0036
February 0.0036 0.0033 0.0034
March 0.0035 0.0033 0.0034
April 0.0035 0.0033 0.0034
May 0.0033 0.0030 0.0032
June 0.0032 0.0030 0.0031
July 0.0033 0.0031 0.0032
August 0.0033 0.0032 0.0032
September 0.0032 0.0032 0.0032
October 0.0032 0.0030 0.0031
November 0.0031 0.0030 0.0030
December 0.0030 0.0029 0.0030