YEARLY HIGH
0.0080 GIP
YEARLY LOW
0.0068 GIP
YEARLY AVERAGE
0.0073 GIP

2017 ISK to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0080. Conversely, the yearly low was recorded on January 29, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0011 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0071, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0080 was up 9.09% compared to the 2016 peak of 0.0073, 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 40 GIP
2016 Average 31 GIP
Yearly Trough Low 34 GIP
Transaction Impact: A difference of 5.69 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0078
0.0070
JanuMarcMayJulySeptNove

ISK to GIP 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 0.0074, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0074
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0007 GIP (High: 0.0076 / Low: 0.0069). On the other end, December was the most stable month, with a tight range of 0.0001 GIP (High: 0.0072 / Low: 0.0071).

February Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0077) against the same month in 2016 (average: 0.0057), the exchange rate shifted by +0.0020 (+35.59%).

2017 Avg (June) 0.0077
2016 Avg (June) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0068 0.0071
February 0.0076 0.0069 0.0072
March 0.0076 0.0070 0.0074
April 0.0073 0.0070 0.0072
May 0.0078 0.0073 0.0075
June 0.0080 0.0075 0.0077
July 0.0075 0.0072 0.0074
August 0.0074 0.0071 0.0073
September 0.0074 0.0069 0.0071
October 0.0073 0.0070 0.0072
November 0.0074 0.0071 0.0073
December 0.0072 0.0071 0.0071