YEARLY HIGH
0.1947 MXN
YEARLY LOW
0.1623 MXN
YEARLY AVERAGE
0.1774 MXN

2017 ISK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1947. Conversely, the yearly low was recorded on August 16, dropping to 0.1623.

This high-to-low spread represents a total annual volatility of 0.0324 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1869 to the December average rate of 0.1834, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1947 was up 4.36% compared to the 2016 peak of 0.1866, 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 974 MXN
2016 Average 777 MXN
Yearly Trough Low 811 MXN
Transaction Impact: A difference of 162.11 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1888
0.1657
JanuMarcMayJulySeptNove

ISK to MXN 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 0.1797, compared to 0.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1797
H2 Avg (Jul–Dec) 0.1751

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0212 MXN (High: 0.1862 / Low: 0.1650). On the other end, September was the most stable month, with a tight range of 0.0073 MXN (High: 0.1721 / Low: 0.1647).

March Spread (Volatile) ±0.0212
September Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between September and December, 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 0.0091 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1869) against the same month in 2016 (average: 0.1387), the exchange rate shifted by +0.0481 (+34.69%).

2017 Avg (January) 0.1869
2016 Avg (January) 0.1387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1947 0.1785 0.1869
February 0.1885 0.1795 0.1820
March 0.1862 0.1650 0.1765
April 0.1803 0.1645 0.1699
May 0.1883 0.1765 0.1827
June 0.1920 0.1715 0.1801
July 0.1780 0.1653 0.1710
August 0.1717 0.1623 0.1682
September 0.1721 0.1647 0.1677
October 0.1836 0.1713 0.1786
November 0.1859 0.1784 0.1818
December 0.1905 0.1799 0.1834