YEARLY HIGH
0.0864 NOK
YEARLY LOW
0.0714 NOK
YEARLY AVERAGE
0.0776 NOK

2017 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0864. Conversely, the yearly low was recorded on January 30, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0150 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0741 to the December average rate of 0.0793, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0864 was up 12.62% compared to the 2016 peak of 0.0767, 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 432 NOK
2016 Average 349 NOK
Yearly Trough Low 357 NOK
Transaction Impact: A difference of 75.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0849
0.0726
JanuMarcMayJulySeptNove

ISK to NOK 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 0.0786, compared to 0.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0786
H2 Avg (Jul–Dec) 0.0767

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0071 NOK (High: 0.0787 / Low: 0.0715). On the other end, December was the most stable month, with a tight range of 0.0020 NOK (High: 0.0804 / Low: 0.0784).

February Spread (Volatile) ±0.0071
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0839) against the same month in 2016 (average: 0.0673), the exchange rate shifted by +0.0166 (+24.60%).

2017 Avg (June) 0.0839
2016 Avg (June) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0765 0.0714 0.0741
February 0.0787 0.0715 0.0748
March 0.0799 0.0757 0.0779
April 0.0808 0.0754 0.0779
May 0.0852 0.0809 0.0827
June 0.0864 0.0811 0.0839
July 0.0820 0.0752 0.0782
August 0.0760 0.0728 0.0745
September 0.0751 0.0725 0.0736
October 0.0778 0.0748 0.0758
November 0.0806 0.0766 0.0786
December 0.0804 0.0784 0.0793