YEARLY HIGH
0.4733 GMD
YEARLY LOW
0.3725 GMD
YEARLY AVERAGE
0.4304 GMD

2017 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.4733. Conversely, the yearly low was recorded on January 11, dropping to 0.3725.

This high-to-low spread represents a total annual volatility of 0.1008 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3811 to the December average rate of 0.4535, the exchange rate registered a net change of 18.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4733 was up 21.38% compared to the 2016 peak of 0.3899, 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 2,366 GMD
2016 Average 1,745 GMD
Yearly Trough Low 1,862 GMD
Transaction Impact: A difference of 504.09 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4634
0.3736
JanuMarcMayJulySeptNove

ISK to GMD 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 0.4170, compared to 0.4439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 0.4170
H2 Avg (Jul–Dec) 0.4439

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0375 GMD (High: 0.4167 / Low: 0.3793). On the other end, December was the most stable month, with a tight range of 0.0130 GMD (High: 0.4614 / Low: 0.4484).

February Spread (Volatile) ±0.0375
December Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0145 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.4560) against the same month in 2016 (average: 0.3461), the exchange rate shifted by +0.1098 (+31.73%).

2017 Avg (June) 0.4560
2016 Avg (June) 0.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3882 0.3725 0.3811
February 0.4167 0.3793 0.3965
March 0.4179 0.3990 0.4097
April 0.4269 0.3978 0.4100
May 0.4663 0.4288 0.4488
June 0.4733 0.4364 0.4560
July 0.4524 0.4266 0.4415
August 0.4437 0.4177 0.4338
September 0.4391 0.4253 0.4330
October 0.4530 0.4333 0.4463
November 0.4616 0.4462 0.4552
December 0.4614 0.4484 0.4535