YEARLY HIGH
0.1041 VEF
YEARLY LOW
0.0855 VEF
YEARLY AVERAGE
0.0948 VEF

2017 ISK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.1041. Conversely, the yearly low was recorded on January 11, dropping to 0.0855.

This high-to-low spread represents a total annual volatility of 0.0186 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0874 to the December average rate of 0.0983, the exchange rate registered a net change of 12.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1041 was up 14.99% compared to the 2016 peak of 0.0905, 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 520 VEF
2016 Average 379 VEF
Yearly Trough Low 428 VEF
Transaction Impact: A difference of 92.86 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1007
0.0862
JanuMarcMayJulySeptNove

ISK to VEF 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 0.0929, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0929
H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0101 VEF (High: 0.1041 / Low: 0.0940). On the other end, January was the most stable month, with a tight range of 0.0033 VEF (High: 0.0888 / Low: 0.0855).

November Spread (Volatile) ±0.0101
January Spread (Stable) ±0.0033

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 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0994) against the same month in 2016 (average: 0.0889), the exchange rate shifted by +0.0105 (+11.79%).

2017 Avg (November) 0.0994
2016 Avg (November) 0.0889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0888 0.0855 0.0874
February 0.0935 0.0868 0.0897
March 0.0938 0.0881 0.0915
April 0.0958 0.0878 0.0912
May 0.1021 0.0942 0.0981
June 0.1038 0.0959 0.0995
July 0.0994 0.0939 0.0968
August 0.0981 0.0930 0.0959
September 0.0965 0.0927 0.0947
October 0.1005 0.0945 0.0958
November 0.1041 0.0940 0.0994
December 0.1031 0.0942 0.0983