YEARLY HIGH
0.1395 ZAR
YEARLY LOW
0.1122 ZAR
YEARLY AVERAGE
0.1249 ZAR

2017 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1395. Conversely, the yearly low was recorded on March 23, dropping to 0.1122.

This high-to-low spread represents a total annual volatility of 0.0273 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1189 to the December average rate of 0.1249, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1395 was up 7.41% compared to the 2016 peak of 0.1299, 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 698 ZAR
2016 Average 609 ZAR
Yearly Trough Low 561 ZAR
Transaction Impact: A difference of 136.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1371
0.1165
JanuMarcMayJulySeptNove

ISK to ZAR 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 0.1224, compared to 0.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.1224
H2 Avg (Jul–Dec) 0.1275

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0167 ZAR (High: 0.1331 / Low: 0.1164). On the other end, May was the most stable month, with a tight range of 0.0069 ZAR (High: 0.1329 / Low: 0.1260).

December Spread (Volatile) ±0.0167
May Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0104 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1354) against the same month in 2016 (average: 0.1245), the exchange rate shifted by +0.0108 (+8.71%).

2017 Avg (November) 0.1354
2016 Avg (November) 0.1245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1221 0.1147 0.1189
February 0.1231 0.1157 0.1183
March 0.1227 0.1122 0.1184
April 0.1260 0.1183 0.1218
May 0.1329 0.1260 0.1290
June 0.1315 0.1232 0.1279
July 0.1291 0.1220 0.1259
August 0.1284 0.1211 0.1251
September 0.1278 0.1205 0.1237
October 0.1341 0.1262 0.1299
November 0.1395 0.1316 0.1354
December 0.1331 0.1164 0.1249