YEARLY HIGH
0.6605 INR
YEARLY LOW
0.5705 INR
YEARLY AVERAGE
0.6111 INR

2017 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.6605. Conversely, the yearly low was recorded on April 3, dropping to 0.5705.

This high-to-low spread represents a total annual volatility of 0.0900 INR. From a start-to-finish perspective, comparing the January average rate of 0.5959 to the December average rate of 0.6128, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6605 was up 7.11% compared to the 2016 peak of 0.6166, 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 3,302 INR
2016 Average 2,788 INR
Yearly Trough Low 2,852 INR
Transaction Impact: A difference of 449.87 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6445
0.5798
JanuMarcMayJulySeptNove

ISK to INR 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 0.6087, compared to 0.6135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.6087
H2 Avg (Jul–Dec) 0.6135

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0558 INR (High: 0.6272 / Low: 0.5714). On the other end, October was the most stable month, with a tight range of 0.0128 INR (High: 0.6227 / Low: 0.6099).

March Spread (Volatile) ±0.0558
October Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0210 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.6392) against the same month in 2016 (average: 0.5454), the exchange rate shifted by +0.0937 (+17.18%).

2017 Avg (June) 0.6392
2016 Avg (June) 0.5454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6070 0.5829 0.5959
February 0.6248 0.5854 0.6010
March 0.6272 0.5714 0.6034
April 0.6055 0.5705 0.5852
May 0.6517 0.6036 0.6272
June 0.6605 0.6140 0.6392
July 0.6346 0.5981 0.6181
August 0.6147 0.5884 0.6044
September 0.6183 0.5950 0.6058
October 0.6227 0.6099 0.6168
November 0.6323 0.6074 0.6230
December 0.6248 0.6037 0.6128