YEARLY HIGH
0.0799 HKD
YEARLY LOW
0.0664 HKD
YEARLY AVERAGE
0.0732 HKD

2017 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0799. Conversely, the yearly low was recorded on January 11, dropping to 0.0664.

This high-to-low spread represents a total annual volatility of 0.0134 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0746, the exchange rate registered a net change of 9.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0799 was up 13.52% compared to the 2016 peak of 0.0704, 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 399 HKD
2016 Average 322 HKD
Yearly Trough Low 332 HKD
Transaction Impact: A difference of 67.16 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0783
0.0670
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0720, compared to 0.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0720
H2 Avg (Jul–Dec) 0.0743

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0057 HKD (High: 0.0799 / Low: 0.0742). On the other end, October was the most stable month, with a tight range of 0.0013 HKD (High: 0.0745 / Low: 0.0732).

June Spread (Volatile) ±0.0057
October Spread (Stable) ±0.0013

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 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0773) against the same month in 2016 (average: 0.0630), the exchange rate shifted by +0.0144 (+22.84%).

2017 Avg (June) 0.0773
2016 Avg (June) 0.0630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0689 0.0664 0.0679
February 0.0727 0.0674 0.0697
March 0.0729 0.0685 0.0711
April 0.0733 0.0683 0.0705
May 0.0787 0.0731 0.0758
June 0.0799 0.0742 0.0773
July 0.0767 0.0724 0.0749
August 0.0750 0.0719 0.0739
September 0.0746 0.0722 0.0735
October 0.0745 0.0732 0.0740
November 0.0759 0.0734 0.0750
December 0.0757 0.0737 0.0746