YEARLY HIGH
1.0572 NPR
YEARLY LOW
0.9136 NPR
YEARLY AVERAGE
0.9776 NPR

2017 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 1.0572. Conversely, the yearly low was recorded on April 3, dropping to 0.9136.

This high-to-low spread represents a total annual volatility of 0.1436 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9533 to the December average rate of 0.9808, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0572 was up 7.09% compared to the 2016 peak of 0.9872, 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 5,286 NPR
2016 Average 4,461 NPR
Yearly Trough Low 4,568 NPR
Transaction Impact: A difference of 717.96 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0298
0.9283
JanuMarcMayJulySeptNove

ISK to NPR 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 0.9737, compared to 0.9816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.9737
H2 Avg (Jul–Dec) 0.9816

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0847 NPR (High: 1.0028 / Low: 0.9181). On the other end, October was the most stable month, with a tight range of 0.0216 NPR (High: 0.9958 / Low: 0.9742).

March Spread (Volatile) ±0.0847
October Spread (Stable) ±0.0216

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 0.0333 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.0213) against the same month in 2016 (average: 0.8729), the exchange rate shifted by +0.1484 (+17.00%).

2017 Avg (June) 1.0213
2016 Avg (June) 0.8729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9719 0.9306 0.9533
February 0.9996 0.9407 0.9623
March 1.0028 0.9181 0.9653
April 0.9731 0.9136 0.9368
May 1.0404 0.9651 1.0031
June 1.0572 0.9802 1.0213
July 1.0142 0.9575 0.9881
August 0.9838 0.9375 0.9666
September 0.9915 0.9518 0.9704
October 0.9958 0.9742 0.9872
November 1.0090 0.9741 0.9963
December 0.9997 0.9655 0.9808