YEARLY HIGH
0.0144 NZD
YEARLY LOW
0.0118 NZD
YEARLY AVERAGE
0.0132 NZD

2017 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.0144. Conversely, the yearly low was recorded on January 30, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0026 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0137, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0144 was up 12.58% compared to the 2016 peak of 0.0128, 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 72 NZD
2016 Average 60 NZD
Yearly Trough Low 59 NZD
Transaction Impact: A difference of 13.25 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0142
0.0121
JanuMarcMayJulySeptNove

ISK to NZD 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 0.0131, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0012 NZD (High: 0.0144 / Low: 0.0131). On the other end, November was the most stable month, with a tight range of 0.0006 NZD (High: 0.0142 / Low: 0.0136).

June Spread (Volatile) ±0.0012
November Spread (Stable) ±0.0006

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0140) against the same month in 2016 (average: 0.0119), the exchange rate shifted by +0.0021 (+17.73%).

2017 Avg (May) 0.0140
2016 Avg (May) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0118 0.0123
February 0.0131 0.0120 0.0124
March 0.0134 0.0126 0.0131
April 0.0137 0.0125 0.0130
May 0.0144 0.0136 0.0140
June 0.0144 0.0131 0.0137
July 0.0134 0.0127 0.0130
August 0.0133 0.0126 0.0129
September 0.0133 0.0126 0.0130
October 0.0139 0.0131 0.0135
November 0.0142 0.0136 0.0139
December 0.0141 0.0134 0.0137