YEARLY HIGH
0.0698 CNY
YEARLY LOW
0.0591 CNY
YEARLY AVERAGE
0.0634 CNY

2017 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0698. Conversely, the yearly low was recorded on January 30, dropping to 0.0591.

This high-to-low spread represents a total annual volatility of 0.0107 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0604 to the December average rate of 0.0629, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0698 was up 11.31% compared to the 2016 peak of 0.0628, 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 349 CNY
2016 Average 276 CNY
Yearly Trough Low 296 CNY
Transaction Impact: A difference of 53.58 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0682
0.0597
JanuMarcMayJulySeptNove

ISK to CNY 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 0.0637, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0049 CNY (High: 0.0698 / Low: 0.0650). On the other end, October was the most stable month, with a tight range of 0.0011 CNY (High: 0.0634 / Low: 0.0624).

June Spread (Volatile) ±0.0049
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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0675) against the same month in 2016 (average: 0.0534), the exchange rate shifted by +0.0141 (+26.40%).

2017 Avg (June) 0.0675
2016 Avg (June) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0615 0.0591 0.0604
February 0.0643 0.0598 0.0617
March 0.0647 0.0607 0.0631
April 0.0651 0.0605 0.0625
May 0.0691 0.0648 0.0670
June 0.0698 0.0650 0.0675
July 0.0666 0.0630 0.0649
August 0.0645 0.0614 0.0630
September 0.0630 0.0609 0.0618
October 0.0634 0.0624 0.0628
November 0.0642 0.0621 0.0636
December 0.0641 0.0618 0.0629