2017 ISK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ISK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 15.7784. Conversely, the yearly low was recorded on January 9, dropping to 10.1304.
This high-to-low spread represents a total annual volatility of 5.6480 CDF. From a start-to-finish perspective, comparing the January average rate of 10.6251 to the December average rate of 15.0574, the exchange rate registered a net change of 41.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 15.7784 was up 49.80% compared to the 2016 peak of 10.5333, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ISK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.4835, compared to 14.9398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4563 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.7330 CDF (High: 15.7784 / Low: 14.0454). On the other end, October was the most stable month, with a tight range of 0.3212 CDF (High: 14.9948 / Low: 14.6736).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 14.9142) against the same month in 2016 (average: 7.8056), the exchange rate shifted by +7.1086 (+91.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.0262 | 10.1304 | 10.6251 |
| February | 12.2775 | 10.7921 | 11.4263 |
| March | 12.3152 | 11.9168 | 12.1788 |
| April | 13.2395 | 11.9168 | 12.4886 |
| May | 14.4359 | 13.2176 | 13.7690 |
| June | 14.7818 | 13.8781 | 14.4131 |
| July | 15.7784 | 14.0454 | 14.9142 |
| August | 15.7384 | 14.5411 | 15.0469 |
| September | 14.8818 | 14.4341 | 14.6681 |
| October | 14.9948 | 14.6736 | 14.8604 |
| November | 15.3432 | 14.7039 | 15.0918 |
| December | 15.4395 | 14.7442 | 15.0574 |