YEARLY HIGH
5.0078 SYP
YEARLY LOW
1.8331 SYP
YEARLY AVERAGE
3.1328 SYP

2017 ISK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 5.0078. Conversely, the yearly low was recorded on January 11, dropping to 1.8331.

This high-to-low spread represents a total annual volatility of 3.1748 SYP. From a start-to-finish perspective, comparing the January average rate of 1.8734 to the December average rate of 4.9144, the exchange rate registered a net change of 162.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 5.0078 was up 158.25% compared to the 2016 peak of 1.9392, 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 25,039 SYP
2016 Average 9,002 SYP
Yearly Trough Low 9,165 SYP
Transaction Impact: A difference of 15,873.76 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

5.2538
1.5661
JanuMarcMayJulySeptNove

ISK to SYP 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 1.9860, compared to 4.2796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2936 points.

H1 Avg (Jan–Jun) 1.9860
H2 Avg (Jul–Dec) 4.2796

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 2.9007 SYP (High: 4.9263 / Low: 2.0257). On the other end, January was the most stable month, with a tight range of 0.0713 SYP (High: 1.9043 / Low: 1.8331).

August Spread (Volatile) ±2.9007
January Spread (Stable) ±0.0713

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0686 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 4.9465) against the same month in 2016 (average: 1.9051), the exchange rate shifted by +3.0414 (+159.64%).

2017 Avg (November) 4.9465
2016 Avg (November) 1.9051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9043 1.8331 1.8734
February 2.0072 1.8615 1.9240
March 2.0124 1.8899 1.9631
April 2.0186 1.8845 1.9432
May 2.1655 2.0134 2.0868
June 2.1978 2.0389 2.1255
July 2.1052 1.9865 2.0569
August 4.9263 2.0257 4.0347
September 4.9076 4.7663 4.8426
October 4.9174 4.8351 4.8825
November 5.0078 4.8442 4.9465
December 4.9879 4.8564 4.9144