YEARLY HIGH
0.0996 MAD
YEARLY LOW
0.0862 MAD
YEARLY AVERAGE
0.0911 MAD

2017 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0996. Conversely, the yearly low was recorded on January 30, dropping to 0.0862.

This high-to-low spread represents a total annual volatility of 0.0135 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0881 to the December average rate of 0.0899, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0996 was up 9.75% compared to the 2016 peak of 0.0908, 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 498 MAD
2016 Average 407 MAD
Yearly Trough Low 431 MAD
Transaction Impact: A difference of 67.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0975
0.0872
JanuMarcMayJulySeptNove

ISK to MAD 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 0.0923, compared to 0.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0923
H2 Avg (Jul–Dec) 0.0899

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0079 MAD (High: 0.0947 / Low: 0.0868). On the other end, October was the most stable month, with a tight range of 0.0020 MAD (High: 0.0907 / Low: 0.0888).

February Spread (Volatile) ±0.0079
October Spread (Stable) ±0.0020

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 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0967) against the same month in 2016 (average: 0.0787), the exchange rate shifted by +0.0179 (+22.77%).

2017 Avg (June) 0.0967
2016 Avg (June) 0.0787

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0898 0.0862 0.0881
February 0.0947 0.0868 0.0903
March 0.0950 0.0888 0.0919
April 0.0935 0.0884 0.0909
May 0.0983 0.0933 0.0957
June 0.0996 0.0930 0.0967
July 0.0946 0.0893 0.0919
August 0.0906 0.0868 0.0892
September 0.0896 0.0868 0.0881
October 0.0907 0.0888 0.0896
November 0.0916 0.0895 0.0908
December 0.0911 0.0884 0.0899