YEARLY HIGH
0.1601 MVR
YEARLY LOW
0.1318 MVR
YEARLY AVERAGE
0.1449 MVR

2017 ISK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.1601. Conversely, the yearly low was recorded on January 11, dropping to 0.1318.

This high-to-low spread represents a total annual volatility of 0.0282 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1345 to the December average rate of 0.1470, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1601 was up 15.45% compared to the 2016 peak of 0.1386, 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 800 MVR
2016 Average 634 MVR
Yearly Trough Low 659 MVR
Transaction Impact: A difference of 141.16 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1563
0.1325
JanuMarcMayJulySeptNove

ISK to MVR 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 0.1434, compared to 0.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1434
H2 Avg (Jul–Dec) 0.1465

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0148 MVR (High: 0.1483 / Low: 0.1335). On the other end, October was the most stable month, with a tight range of 0.0025 MVR (High: 0.1471 / Low: 0.1446).

August Spread (Volatile) ±0.0148
October Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.1543) against the same month in 2016 (average: 0.1239), the exchange rate shifted by +0.0304 (+24.56%).

2017 Avg (June) 0.1543
2016 Avg (June) 0.1239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1370 0.1318 0.1345
February 0.1458 0.1340 0.1388
March 0.1461 0.1367 0.1420
April 0.1452 0.1365 0.1400
May 0.1576 0.1447 0.1506
June 0.1601 0.1474 0.1543
July 0.1522 0.1437 0.1485
August 0.1483 0.1335 0.1449
September 0.1472 0.1426 0.1449
October 0.1471 0.1446 0.1461
November 0.1489 0.1449 0.1475
December 0.1492 0.1452 0.1470