YEARLY HIGH
24.4969 MNT
YEARLY LOW
21.1126 MNT
YEARLY AVERAGE
22.8546 MNT

2017 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 24.4969. Conversely, the yearly low was recorded on January 30, dropping to 21.1126.

This high-to-low spread represents a total annual volatility of 3.3843 MNT. From a start-to-finish perspective, comparing the January average rate of 21.7438 to the December average rate of 23.2007, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 24.4969 was up 9.40% compared to the 2016 peak of 22.3928, 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 122,485 MNT
2016 Average 89,219 MNT
Yearly Trough Low 105,563 MNT
Transaction Impact: A difference of 16,921.50 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.6838
21.5675
JanuMarcMayJulySeptNove

ISK to MNT 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 22.5436, compared to 23.1656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6220 points.

H1 Avg (Jan–Jun) 22.5436
H2 Avg (Jul–Dec) 23.1656

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 2.1060 MNT (High: 24.4969 / Low: 22.3910). On the other end, October was the most stable month, with a tight range of 0.4072 MNT (High: 23.4378 / Low: 23.0307).

June Spread (Volatile) ±2.1060
October Spread (Stable) ±0.4072

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 March and April, when the average rate fell by 0.5722 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 23.4682) against the same month in 2016 (average: 15.9432), the exchange rate shifted by +7.5250 (+47.20%).

2017 Avg (June) 23.4682
2016 Avg (June) 15.9432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.1186 21.1126 21.7438
February 23.1501 21.2898 22.1850
March 23.1881 21.5657 22.4920
April 22.7330 21.4458 21.9198
May 24.2249 22.6637 23.4527
June 24.4969 22.3910 23.4682
July 23.6257 22.1146 22.9779
August 23.5387 22.3736 23.0413
September 23.2859 22.8237 23.0021
October 23.4378 23.0307 23.2641
November 23.7528 23.0656 23.5075
December 23.6230 22.8726 23.2007