YEARLY HIGH
13.9629 MMK
YEARLY LOW
11.5759 MMK
YEARLY AVERAGE
12.7820 MMK

2017 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 13.9629. Conversely, the yearly low was recorded on January 11, dropping to 11.5759.

This high-to-low spread represents a total annual volatility of 2.3869 MMK. From a start-to-finish perspective, comparing the January average rate of 11.8779 to the December average rate of 12.9620, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.9629 was up 14.41% compared to the 2016 peak of 12.2038, 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 69,814 MMK
2016 Average 51,337 MMK
Yearly Trough Low 57,880 MMK
Transaction Impact: A difference of 11,934.71 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.6672
11.7152
JanuMarcMayJulySeptNove

ISK to MMK 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 12.6308, compared to 12.9332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3025 points.

H1 Avg (Jan–Jun) 12.6308
H2 Avg (Jul–Dec) 12.9332

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 1.0794 MMK (High: 13.8174 / Low: 12.7381). On the other end, October was the most stable month, with a tight range of 0.2414 MMK (High: 13.0330 / Low: 12.7917).

May Spread (Volatile) ±1.0794
October Spread (Stable) ±0.2414

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 0.4359 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 13.5045) against the same month in 2016 (average: 9.6272), the exchange rate shifted by +3.8774 (+40.28%).

2017 Avg (June) 13.5045
2016 Avg (June) 9.6272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1395 11.5759 11.8779
February 12.8173 11.8752 12.2850
March 12.7751 12.0590 12.5142
April 12.8942 11.9006 12.3320
May 13.8174 12.7381 13.2710
June 13.9629 13.0430 13.5045
July 13.3903 12.5389 13.0686
August 13.1124 12.4366 12.8482
September 13.0327 12.6163 12.7975
October 13.0330 12.7917 12.9099
November 13.2903 12.7413 13.0132
December 13.1916 12.7733 12.9620