YEARLY HIGH
0.0710 BOB
YEARLY LOW
0.0590 BOB
YEARLY AVERAGE
0.0651 BOB

2017 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0710. Conversely, the yearly low was recorded on January 11, dropping to 0.0590.

This high-to-low spread represents a total annual volatility of 0.0120 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0606 to the December average rate of 0.0660, the exchange rate registered a net change of 8.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0710 was up 13.22% compared to the 2016 peak of 0.0627, 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 355 BOB
2016 Average 286 BOB
Yearly Trough Low 295 BOB
Transaction Impact: A difference of 60.13 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0696
0.0597
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0642, compared to 0.0661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0642
H2 Avg (Jul–Dec) 0.0661

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0050 BOB (High: 0.0710 / Low: 0.0660). On the other end, October was the most stable month, with a tight range of 0.0011 BOB (High: 0.0660 / Low: 0.0649).

June Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0011

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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0688) against the same month in 2016 (average: 0.0559), the exchange rate shifted by +0.0130 (+23.21%).

2017 Avg (June) 0.0688
2016 Avg (June) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0616 0.0590 0.0606
February 0.0649 0.0604 0.0621
March 0.0650 0.0613 0.0634
April 0.0657 0.0609 0.0629
May 0.0700 0.0654 0.0676
June 0.0710 0.0660 0.0688
July 0.0681 0.0640 0.0667
August 0.0670 0.0637 0.0658
September 0.0668 0.0642 0.0656
October 0.0660 0.0649 0.0656
November 0.0678 0.0653 0.0667
December 0.0670 0.0651 0.0660