YEARLY HIGH
0.2401 HNL
YEARLY LOW
0.1957 HNL
YEARLY AVERAGE
0.2204 HNL

2017 ISK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.2401. Conversely, the yearly low was recorded on January 11, dropping to 0.1957.

This high-to-low spread represents a total annual volatility of 0.0444 HNL. From a start-to-finish perspective, comparing the January average rate of 0.2044 to the December average rate of 0.2256, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2401 was up 13.79% compared to the 2016 peak of 0.2110, 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 1,201 HNL
2016 Average 945 HNL
Yearly Trough Low 978 HNL
Transaction Impact: A difference of 222.04 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2351
0.2016
JanuMarcMayJulySeptNove

ISK to HNL 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 0.2173, compared to 0.2234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.2173
H2 Avg (Jul–Dec) 0.2234

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0168 HNL (High: 0.2401 / Low: 0.2233). On the other end, October was the most stable month, with a tight range of 0.0053 HNL (High: 0.2252 / Low: 0.2200).

June Spread (Volatile) ±0.0168
October Spread (Stable) ±0.0053

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 0.0078 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.2323) against the same month in 2016 (average: 0.1841), the exchange rate shifted by +0.0483 (+26.22%).

2017 Avg (June) 0.2323
2016 Avg (June) 0.1841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2095 0.1957 0.2044
February 0.2203 0.2051 0.2114
March 0.2209 0.2061 0.2152
April 0.2215 0.2061 0.2125
May 0.2370 0.2209 0.2283
June 0.2401 0.2233 0.2323
July 0.2289 0.2174 0.2245
August 0.2250 0.2135 0.2206
September 0.2240 0.2170 0.2204
October 0.2252 0.2200 0.2228
November 0.2302 0.2227 0.2268
December 0.2291 0.2223 0.2256