2017 ISK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ISK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 344.9576. Conversely, the yearly low was recorded on January 3, dropping to 263.1316.
This high-to-low spread represents a total annual volatility of 81.8260 IRR. From a start-to-finish perspective, comparing the January average rate of 277.5204 to the December average rate of 336.3800, the exchange rate registered a net change of 21.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 344.9576 was up 26.45% compared to the 2016 peak of 272.8084, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ISK to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 299.5781, compared to 321.2965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.7184 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 24.5566 IRR (High: 287.6881 / Low: 263.1316). On the other end, September was the most stable month, with a tight range of 8.1021 IRR (High: 316.7092 / Low: 308.6071).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.1284 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 336.3800) against the same month in 2016 (average: 267.0976), the exchange rate shifted by +69.2823 (+25.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 287.6881 | 263.1316 | 277.5204 |
| February | 303.4367 | 281.1785 | 290.8399 |
| March | 304.2942 | 285.9709 | 297.0159 |
| April | 305.7162 | 285.1707 | 294.2026 |
| May | 327.9709 | 304.8227 | 315.9741 |
| June | 332.8154 | 308.8652 | 321.9160 |
| July | 318.8764 | 301.8767 | 312.7876 |
| August | 317.4287 | 302.2124 | 310.3977 |
| September | 316.7092 | 308.6071 | 313.2388 |
| October | 329.6797 | 314.4963 | 321.7233 |
| November | 338.0878 | 325.1759 | 333.2520 |
| December | 344.9576 | 333.1456 | 336.3800 |