YEARLY HIGH
2.5657 YER
YEARLY LOW
2.1424 YER
YEARLY AVERAGE
2.3496 YER

2017 ISK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 2.5657. Conversely, the yearly low was recorded on January 11, dropping to 2.1424.

This high-to-low spread represents a total annual volatility of 0.4233 YER. From a start-to-finish perspective, comparing the January average rate of 2.1896 to the December average rate of 2.3885, the exchange rate registered a net change of 9.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.5657 was up 13.07% compared to the 2016 peak of 2.2691, 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 12,828 YER
2016 Average 10,007 YER
Yearly Trough Low 10,712 YER
Transaction Impact: A difference of 2,116.34 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.5111
2.1604
JanuMarcMayJulySeptNove

ISK to YER 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 2.3185, compared to 2.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0623 points.

H1 Avg (Jan–Jun) 2.3185
H2 Avg (Jul–Dec) 2.3808

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1849 YER (High: 2.5657 / Low: 2.3808). On the other end, October was the most stable month, with a tight range of 0.0402 YER (High: 2.3902 / Low: 2.3501).

June Spread (Volatile) ±0.1849
October Spread (Stable) ±0.0402

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 0.0807 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 2.4819) against the same month in 2016 (average: 2.0253), the exchange rate shifted by +0.4565 (+22.54%).

2017 Avg (June) 2.4819
2016 Avg (June) 2.0253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2230 2.1424 2.1896
February 2.3416 2.1717 2.2447
March 2.3473 2.2066 2.2889
April 2.3579 2.2004 2.2693
May 2.5285 2.3512 2.4367
June 2.5657 2.3808 2.4819
July 2.4585 2.3193 2.4011
August 2.4026 2.2974 2.3641
September 2.3856 2.3163 2.3536
October 2.3902 2.3501 2.3733
November 2.4338 2.3535 2.4040
December 2.4237 2.3606 2.3885