YEARLY HIGH
0.1398 NAD
YEARLY LOW
0.1125 NAD
YEARLY AVERAGE
0.1249 NAD

2017 ISK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.1398. Conversely, the yearly low was recorded on March 25, dropping to 0.1125.

This high-to-low spread represents a total annual volatility of 0.0272 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1185 to the December average rate of 0.1254, the exchange rate registered a net change of 5.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1398 was up 7.74% compared to the 2016 peak of 0.1297, 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 699 NAD
2016 Average 609 NAD
Yearly Trough Low 563 NAD
Transaction Impact: A difference of 136.10 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1370
0.1165
JanuMarcMayJulySeptNove

ISK to NAD 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 0.1223, compared to 0.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1223
H2 Avg (Jul–Dec) 0.1275

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0162 NAD (High: 0.1331 / Low: 0.1168). On the other end, August was the most stable month, with a tight range of 0.0061 NAD (High: 0.1277 / Low: 0.1216).

December Spread (Volatile) ±0.0162
August Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1353) against the same month in 2016 (average: 0.1246), the exchange rate shifted by +0.0108 (+8.64%).

2017 Avg (November) 0.1353
2016 Avg (November) 0.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1217 0.1146 0.1185
February 0.1230 0.1161 0.1185
March 0.1228 0.1125 0.1182
April 0.1256 0.1175 0.1221
May 0.1327 0.1255 0.1290
June 0.1323 0.1233 0.1277
July 0.1293 0.1215 0.1258
August 0.1277 0.1216 0.1250
September 0.1283 0.1213 0.1237
October 0.1346 0.1266 0.1298
November 0.1398 0.1320 0.1353
December 0.1331 0.1168 0.1254