YEARLY HIGH
0.5088 PHP
YEARLY LOW
0.4250 PHP
YEARLY AVERAGE
0.4731 PHP

2017 ISK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.5088. Conversely, the yearly low was recorded on January 11, dropping to 0.4250.

This high-to-low spread represents a total annual volatility of 0.0838 PHP. From a start-to-finish perspective, comparing the January average rate of 0.4354 to the December average rate of 0.4799, the exchange rate registered a net change of 10.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5088 was up 12.97% compared to the 2016 peak of 0.4504, 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 2,544 PHP
2016 Average 1,973 PHP
Yearly Trough Low 2,125 PHP
Transaction Impact: A difference of 419.03 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5002
0.4295
JanuMarcMayJulySeptNove

ISK to PHP 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 0.4625, compared to 0.4837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.4625
H2 Avg (Jul–Dec) 0.4837

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0385 PHP (High: 0.4707 / Low: 0.4322). On the other end, November was the most stable month, with a tight range of 0.0127 PHP (High: 0.4945 / Low: 0.4818).

February Spread (Volatile) ±0.0385
November Spread (Stable) ±0.0127

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 November and December, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.4943) against the same month in 2016 (average: 0.3768), the exchange rate shifted by +0.1175 (+31.20%).

2017 Avg (June) 0.4943
2016 Avg (June) 0.3768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4426 0.4250 0.4354
February 0.4707 0.4322 0.4488
March 0.4720 0.4423 0.4600
April 0.4726 0.4404 0.4517
May 0.5030 0.4693 0.4850
June 0.5088 0.4783 0.4943
July 0.4950 0.4703 0.4855
August 0.4894 0.4719 0.4814
September 0.4874 0.4714 0.4793
October 0.4930 0.4793 0.4871
November 0.4945 0.4818 0.4890
December 0.4897 0.4712 0.4799