YEARLY HIGH
0.0772 SRD
YEARLY LOW
0.0640 SRD
YEARLY AVERAGE
0.0703 SRD

2017 ISK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0772. Conversely, the yearly low was recorded on January 11, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.0132 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0654 to the December average rate of 0.0711, the exchange rate registered a net change of 8.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0772 was up 13.79% compared to the 2016 peak of 0.0678, 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 386 SRD
2016 Average 257 SRD
Yearly Trough Low 320 SRD
Transaction Impact: A difference of 66.12 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0755
0.0644
JanuMarcMayJulySeptNove

ISK to SRD 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 0.0697, compared to 0.0709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0697
H2 Avg (Jul–Dec) 0.0709

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0057 SRD (High: 0.0772 / Low: 0.0715). On the other end, October was the most stable month, with a tight range of 0.0013 SRD (High: 0.0711 / Low: 0.0698).

June Spread (Volatile) ±0.0057
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 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0745) against the same month in 2016 (average: 0.0560), the exchange rate shifted by +0.0186 (+33.17%).

2017 Avg (June) 0.0745
2016 Avg (June) 0.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0664 0.0640 0.0654
February 0.0706 0.0652 0.0676
March 0.0708 0.0666 0.0691
April 0.0711 0.0664 0.0684
May 0.0761 0.0708 0.0734
June 0.0772 0.0715 0.0745
July 0.0736 0.0694 0.0717
August 0.0716 0.0683 0.0703
September 0.0709 0.0688 0.0699
October 0.0711 0.0698 0.0706
November 0.0724 0.0701 0.0715
December 0.0722 0.0703 0.0711