YEARLY HIGH
0.0810 SBD
YEARLY LOW
0.0671 SBD
YEARLY AVERAGE
0.0734 SBD

2017 ISK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0810. Conversely, the yearly low was recorded on January 30, dropping to 0.0671.

This high-to-low spread represents a total annual volatility of 0.0139 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0688 to the December average rate of 0.0742, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0810 was up 12.02% compared to the 2016 peak of 0.0723, 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 405 SBD
2016 Average 328 SBD
Yearly Trough Low 336 SBD
Transaction Impact: A difference of 69.34 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0791
0.0678
JanuMarcMayJulySeptNove

ISK to SBD 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 0.0726, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0726
H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0064 SBD (High: 0.0810 / Low: 0.0746). On the other end, October was the most stable month, with a tight range of 0.0013 SBD (High: 0.0746 / Low: 0.0733).

June Spread (Volatile) ±0.0064
October Spread (Stable) ±0.0013

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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0781) against the same month in 2016 (average: 0.0633), the exchange rate shifted by +0.0148 (+23.42%).

2017 Avg (June) 0.0781
2016 Avg (June) 0.0633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0704 0.0671 0.0688
February 0.0728 0.0678 0.0698
March 0.0729 0.0684 0.0712
April 0.0739 0.0684 0.0709
May 0.0798 0.0738 0.0767
June 0.0810 0.0746 0.0781
July 0.0773 0.0727 0.0751
August 0.0746 0.0712 0.0732
September 0.0739 0.0719 0.0730
October 0.0746 0.0733 0.0741
November 0.0772 0.0734 0.0752
December 0.0758 0.0731 0.0742