YEARLY HIGH
93.5097 GNF
YEARLY LOW
80.4239 GNF
YEARLY AVERAGE
85.6472 GNF

2017 ISK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 93.5097. Conversely, the yearly low was recorded on January 24, dropping to 80.4239.

This high-to-low spread represents a total annual volatility of 13.0858 GNF. From a start-to-finish perspective, comparing the January average rate of 81.9804 to the December average rate of 86.0598, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 93.5097 was up 11.67% compared to the 2016 peak of 83.7411, 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 467,548 GNF
2016 Average 348,635 GNF
Yearly Trough Low 402,120 GNF
Transaction Impact: A difference of 65,428.85 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

90.7308
81.1849
JanuMarcMayJulySeptNove

ISK to GNF 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 85.8023, compared to 85.4922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3100 points.

H1 Avg (Jan–Jun) 85.8023
H2 Avg (Jul–Dec) 85.4922

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 7.8353 GNF (High: 93.5097 / Low: 85.6744). On the other end, October was the most stable month, with a tight range of 2.0138 GNF (High: 86.1537 / Low: 84.1399).

June Spread (Volatile) ±7.8353
October Spread (Stable) ±2.0138

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 3.5217 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.5217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 89.9353) against the same month in 2016 (average: 62.9374), the exchange rate shifted by +26.9979 (+42.90%).

2017 Avg (June) 89.9353
2016 Avg (June) 62.9374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 84.1573 80.4239 81.9804
February 87.4905 80.8973 84.1621
March 87.5141 81.3349 85.4405
April 87.9490 81.3349 84.0703
May 91.7858 85.9957 89.2248
June 93.5097 85.6744 89.9353
July 89.0459 83.8777 86.4136
August 86.2847 81.7180 84.4003
September 85.7927 83.2948 84.3228
October 86.1537 84.1399 85.1518
November 87.5681 84.7051 86.6052
December 87.4568 85.0490 86.0598