YEARLY HIGH
0.0439 MYR
YEARLY LOW
0.0381 MYR
YEARLY AVERAGE
0.0404 MYR

2017 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0439. Conversely, the yearly low was recorded on January 30, dropping to 0.0381.

This high-to-low spread represents a total annual volatility of 0.0058 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0390 to the December average rate of 0.0389, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0439 was up 8.89% compared to the 2016 peak of 0.0403, 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 219 MYR
2016 Average 172 MYR
Yearly Trough Low 190 MYR
Transaction Impact: A difference of 28.93 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0428
0.0386
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0407, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0407
H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0031 MYR (High: 0.0416 / Low: 0.0385). On the other end, October was the most stable month, with a tight range of 0.0007 MYR (High: 0.0404 / Low: 0.0397).

February Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0007

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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0424) against the same month in 2016 (average: 0.0331), the exchange rate shifted by +0.0094 (+28.31%).

2017 Avg (June) 0.0424
2016 Avg (June) 0.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0398 0.0381 0.0390
February 0.0416 0.0385 0.0399
March 0.0418 0.0390 0.0407
April 0.0411 0.0389 0.0399
May 0.0434 0.0406 0.0420
June 0.0439 0.0408 0.0424
July 0.0422 0.0398 0.0412
August 0.0411 0.0395 0.0405
September 0.0407 0.0388 0.0396
October 0.0404 0.0397 0.0401
November 0.0405 0.0395 0.0400
December 0.0396 0.0385 0.0389