YEARLY HIGH
0.0213 FJD
YEARLY LOW
0.0177 FJD
YEARLY AVERAGE
0.0193 FJD

2017 ISK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0213. Conversely, the yearly low was recorded on January 28, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0037 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0197, the exchange rate registered a net change of 8.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0213 was up 12.62% compared to the 2016 peak of 0.0189, 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 107 FJD
2016 Average 87 FJD
Yearly Trough Low 88 FJD
Transaction Impact: A difference of 18.31 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0207
0.0180
JanuMarcMayJulySeptNove

ISK to FJD 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 0.0192, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0192
H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0017 FJD (High: 0.0213 / Low: 0.0196). On the other end, September was the most stable month, with a tight range of 0.0007 FJD (High: 0.0193 / Low: 0.0185).

June Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0007

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0204) against the same month in 2016 (average: 0.0169), the exchange rate shifted by +0.0036 (+21.20%).

2017 Avg (June) 0.0204
2016 Avg (June) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0188 0.0177 0.0182
February 0.0193 0.0180 0.0185
March 0.0196 0.0184 0.0190
April 0.0197 0.0183 0.0189
May 0.0211 0.0197 0.0204
June 0.0213 0.0196 0.0204
July 0.0201 0.0190 0.0195
August 0.0194 0.0185 0.0191
September 0.0193 0.0185 0.0190
October 0.0198 0.0191 0.0194
November 0.0202 0.0194 0.0199
December 0.0201 0.0193 0.0197