YEARLY HIGH
0.0091 EUR
YEARLY LOW
0.0078 EUR
YEARLY AVERAGE
0.0083 EUR

2017 ISK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0091. Conversely, the yearly low was recorded on September 23, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0013 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0082 to the December average rate of 0.0081, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0091 was up 6.90% compared to the 2016 peak of 0.0085, 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 45 EUR
2016 Average 38 EUR
Yearly Trough Low 39 EUR
Transaction Impact: A difference of 6.54 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0089
0.0078
JanuMarcMayJulySeptNove

ISK to EUR 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 0.0086, compared to 0.0081 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) 0.0086
H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0008 EUR (High: 0.0089 / Low: 0.0081). On the other end, November was the most stable month, with a tight range of 0.0002 EUR (High: 0.0083 / Low: 0.0081).

February Spread (Volatile) ±0.0008
November Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0088) against the same month in 2016 (average: 0.0072), the exchange rate shifted by +0.0016 (+22.44%).

2017 Avg (June) 0.0088
2016 Avg (June) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0080 0.0082
February 0.0089 0.0081 0.0084
March 0.0089 0.0083 0.0086
April 0.0086 0.0082 0.0085
May 0.0090 0.0086 0.0088
June 0.0091 0.0085 0.0088
July 0.0086 0.0081 0.0083
August 0.0081 0.0078 0.0080
September 0.0080 0.0078 0.0079
October 0.0082 0.0080 0.0081
November 0.0083 0.0081 0.0082
December 0.0082 0.0080 0.0081