YEARLY HIGH
1.0089 CVE
YEARLY LOW
0.8542 CVE
YEARLY AVERAGE
0.9204 CVE

2017 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 1.0089. Conversely, the yearly low was recorded on September 20, dropping to 0.8542.

This high-to-low spread represents a total annual volatility of 0.1547 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9097 to the December average rate of 0.8917, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0089 was up 7.69% compared to the 2016 peak of 0.9369, 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 5,045 CVE
2016 Average 4,139 CVE
Yearly Trough Low 4,271 CVE
Transaction Impact: A difference of 773.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9877
0.8628
JanuMarcMayJulySeptNove

ISK to CVE 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 0.9464, compared to 0.8943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 0.9464
H2 Avg (Jul–Dec) 0.8943

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0859 CVE (High: 0.9796 / Low: 0.8936). On the other end, November was the most stable month, with a tight range of 0.0247 CVE (High: 0.9190 / Low: 0.8943).

February Spread (Volatile) ±0.0859
November Spread (Stable) ±0.0247

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 0.0573 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.9772) against the same month in 2016 (average: 0.7961), the exchange rate shifted by +0.1811 (+22.75%).

2017 Avg (June) 0.9772
2016 Avg (June) 0.7961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9345 0.8894 0.9097
February 0.9796 0.8936 0.9331
March 0.9835 0.9123 0.9480
April 0.9561 0.9123 0.9364
May 0.9994 0.9508 0.9742
June 1.0089 0.9393 0.9772
July 0.9506 0.8931 0.9200
August 0.8975 0.8612 0.8841
September 0.8891 0.8542 0.8732
October 0.9079 0.8797 0.8912
November 0.9190 0.8943 0.9058
December 0.9056 0.8785 0.8917