YEARLY HIGH
0.7000 AFN
YEARLY LOW
0.5694 AFN
YEARLY AVERAGE
0.6381 AFN

2017 ISK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.7000. Conversely, the yearly low was recorded on January 11, dropping to 0.5694.

This high-to-low spread represents a total annual volatility of 0.1306 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5842 to the December average rate of 0.6606, the exchange rate registered a net change of 13.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7000 was up 15.84% compared to the 2016 peak of 0.6043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,500 AFN
2016 Average 2,812 AFN
Yearly Trough Low 2,847 AFN
Transaction Impact: A difference of 652.92 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6844
0.5751
JanuMarcMayJulySeptNove

ISK to AFN 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 0.6239, compared to 0.6523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0284 points.

H1 Avg (Jan–Jun) 0.6239
H2 Avg (Jul–Dec) 0.6523

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0528 AFN (High: 0.6383 / Low: 0.5855). On the other end, October was the most stable month, with a tight range of 0.0124 AFN (High: 0.6539 / Low: 0.6415).

April Spread (Volatile) ±0.0528
October Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0206 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.6753) against the same month in 2016 (average: 0.5605), the exchange rate shifted by +0.1148 (+20.49%).

2017 Avg (June) 0.6753
2016 Avg (June) 0.5605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5935 0.5694 0.5842
February 0.6256 0.5801 0.5997
March 0.6268 0.5885 0.6109
April 0.6383 0.5855 0.6115
May 0.6890 0.6364 0.6620
June 0.7000 0.6476 0.6753
July 0.6665 0.6334 0.6547
August 0.6567 0.6275 0.6467
September 0.6541 0.6354 0.6447
October 0.6539 0.6415 0.6475
November 0.6679 0.6457 0.6594
December 0.6728 0.6549 0.6606