YEARLY HIGH
0.0178 BGN
YEARLY LOW
0.0152 BGN
YEARLY AVERAGE
0.0163 BGN

2017 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0178. Conversely, the yearly low was recorded on September 20, dropping to 0.0152.

This high-to-low spread represents a total annual volatility of 0.0026 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0158, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0178 was up 7.00% compared to the 2016 peak of 0.0166, 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 89 BGN
2016 Average 73 BGN
Yearly Trough Low 76 BGN
Transaction Impact: A difference of 12.85 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0175
0.0152
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0167, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0167
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0015 BGN (High: 0.0173 / Low: 0.0158). On the other end, November was the most stable month, with a tight range of 0.0004 BGN (High: 0.0162 / Low: 0.0158).

February Spread (Volatile) ±0.0015
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0173) against the same month in 2016 (average: 0.0141), the exchange rate shifted by +0.0032 (+22.41%).

2017 Avg (June) 0.0173
2016 Avg (June) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0165 0.0157 0.0161
February 0.0173 0.0158 0.0165
March 0.0174 0.0162 0.0168
April 0.0169 0.0161 0.0166
May 0.0176 0.0168 0.0172
June 0.0178 0.0166 0.0173
July 0.0168 0.0158 0.0163
August 0.0159 0.0153 0.0156
September 0.0157 0.0152 0.0154
October 0.0160 0.0156 0.0158
November 0.0162 0.0158 0.0160
December 0.0160 0.0155 0.0158