YEARLY HIGH
0.0676 DKK
YEARLY LOW
0.0579 DKK
YEARLY AVERAGE
0.0619 DKK

2017 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0676. Conversely, the yearly low was recorded on September 23, dropping to 0.0579.

This high-to-low spread represents a total annual volatility of 0.0097 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0612 to the December average rate of 0.0600, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0676 was up 6.97% compared to the 2016 peak of 0.0632, 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 338 DKK
2016 Average 279 DKK
Yearly Trough Low 290 DKK
Transaction Impact: A difference of 48.58 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0664
0.0580
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0636, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0636
H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0059 DKK (High: 0.0659 / Low: 0.0600). On the other end, November was the most stable month, with a tight range of 0.0014 DKK (High: 0.0616 / Low: 0.0602).

February Spread (Volatile) ±0.0059
November Spread (Stable) ±0.0014

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 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0657) against the same month in 2016 (average: 0.0536), the exchange rate shifted by +0.0120 (+22.42%).

2017 Avg (June) 0.0657
2016 Avg (June) 0.0536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0628 0.0597 0.0612
February 0.0659 0.0600 0.0627
March 0.0662 0.0616 0.0637
April 0.0643 0.0613 0.0629
May 0.0669 0.0640 0.0655
June 0.0676 0.0631 0.0657
July 0.0639 0.0601 0.0618
August 0.0604 0.0580 0.0595
September 0.0598 0.0579 0.0587
October 0.0610 0.0594 0.0600
November 0.0616 0.0602 0.0609
December 0.0607 0.0592 0.0600