YEARLY HIGH
1.0704 PKR
YEARLY LOW
0.8924 PKR
YEARLY AVERAGE
0.9888 PKR

2017 ISK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 1.0704. Conversely, the yearly low was recorded on January 11, dropping to 0.8924.

This high-to-low spread represents a total annual volatility of 0.1780 PKR. From a start-to-finish perspective, comparing the January average rate of 0.9159 to the December average rate of 1.0371, the exchange rate registered a net change of 13.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0704 was up 12.68% compared to the 2016 peak of 0.9500, 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 5,352 PKR
2016 Average 4,347 PKR
Yearly Trough Low 4,462 PKR
Transaction Impact: A difference of 890.01 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0504
0.9037
JanuMarcMayJulySeptNove

ISK to PKR 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 0.9708, compared to 1.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.9708
H2 Avg (Jul–Dec) 1.0067

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0733 PKR (High: 1.0704 / Low: 0.9972). On the other end, October was the most stable month, with a tight range of 0.0160 PKR (High: 1.0051 / Low: 0.9891).

June Spread (Volatile) ±0.0733
October Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between September and December, 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 0.0299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.0382) against the same month in 2016 (average: 0.8482), the exchange rate shifted by +0.1900 (+22.40%).

2017 Avg (June) 1.0382
2016 Avg (June) 0.8482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9311 0.8924 0.9159
February 0.9815 0.9101 0.9408
March 0.9834 0.9244 0.9591
April 0.9899 0.9216 0.9507
May 1.0568 0.9856 1.0199
June 1.0704 0.9972 1.0382
July 1.0276 0.9755 1.0083
August 1.0116 0.9625 0.9937
September 1.0057 0.9754 0.9918
October 1.0051 0.9891 0.9984
November 1.0266 0.9912 1.0111
December 1.0702 1.0075 1.0371