YEARLY HIGH
344.9576 IRR
YEARLY LOW
263.1316 IRR
YEARLY AVERAGE
310.4373 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 1,724,788 IRR
2016 Average 1,251,268 IRR
Yearly Trough Low 1,315,658 IRR
Transaction Impact: A difference of 409,130.03 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

342.2659
271.6344
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 299.5781
H2 Avg (Jul–Dec) 321.2965

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±24.5566
September Spread (Stable) ±8.1021

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.1284

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 336.3800
2016 Avg (December) 267.0976

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