YEARLY HIGH
0.2664 ETB
YEARLY LOW
0.1918 ETB
YEARLY AVERAGE
0.2252 ETB

2017 ISK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2664. Conversely, the yearly low was recorded on January 11, dropping to 0.1918.

This high-to-low spread represents a total annual volatility of 0.0746 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1975 to the December average rate of 0.2611, the exchange rate registered a net change of 32.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2664 was up 31.16% compared to the 2016 peak of 0.2031, 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 1,332 ETB
2016 Average 907 ETB
Yearly Trough Low 959 ETB
Transaction Impact: A difference of 372.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2688
0.1910
JanuMarcMayJulySeptNove

ISK to ETB 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 0.2116, compared to 0.2388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.2116
H2 Avg (Jul–Dec) 0.2388

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0388 ETB (High: 0.2601 / Low: 0.2213). On the other end, September was the most stable month, with a tight range of 0.0070 ETB (High: 0.2245 / Low: 0.2175).

October Spread (Volatile) ±0.0388
September Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2623) against the same month in 2016 (average: 0.1988), the exchange rate shifted by +0.0635 (+31.94%).

2017 Avg (November) 0.2623
2016 Avg (November) 0.1988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2017 0.1918 0.1975
February 0.2135 0.1971 0.2035
March 0.2144 0.2004 0.2082
April 0.2168 0.2000 0.2073
May 0.2319 0.2159 0.2239
June 0.2379 0.2195 0.2290
July 0.2277 0.2160 0.2228
August 0.2249 0.2134 0.2204
September 0.2245 0.2175 0.2210
October 0.2601 0.2213 0.2453
November 0.2664 0.2571 0.2623
December 0.2653 0.2581 0.2611