YEARLY HIGH
0.0335 PEN
YEARLY LOW
0.0283 PEN
YEARLY AVERAGE
0.0306 PEN

2017 ISK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0335. Conversely, the yearly low was recorded on January 30, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0053 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0292 to the December average rate of 0.0310, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0335 was up 8.25% compared to the 2016 peak of 0.0310, 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 168 PEN
2016 Average 140 PEN
Yearly Trough Low 141 PEN
Transaction Impact: A difference of 26.41 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0327
0.0289
JanuMarcMayJulySeptNove

ISK to PEN 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 0.0303, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0303
H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0025 PEN (High: 0.0330 / Low: 0.0305). On the other end, October was the most stable month, with a tight range of 0.0007 PEN (High: 0.0311 / Low: 0.0304).

May Spread (Volatile) ±0.0025
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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0324) against the same month in 2016 (average: 0.0269), the exchange rate shifted by +0.0055 (+20.36%).

2017 Avg (June) 0.0324
2016 Avg (June) 0.0269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0300 0.0283 0.0292
February 0.0306 0.0284 0.0292
March 0.0308 0.0287 0.0299
April 0.0307 0.0285 0.0295
May 0.0330 0.0305 0.0319
June 0.0335 0.0311 0.0324
July 0.0318 0.0302 0.0311
August 0.0311 0.0298 0.0306
September 0.0310 0.0300 0.0305
October 0.0311 0.0304 0.0308
November 0.0320 0.0305 0.0312
December 0.0313 0.0305 0.0310