2017 ISK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ISK to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ISK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 50.3989. Conversely, the yearly low was recorded on January 11, dropping to 0.0086.
This high-to-low spread represents a total annual volatility of 50.3903 ZMK. From a start-to-finish perspective, comparing the January average rate of 35.6453 to the December average rate of 0.0095, the exchange rate registered a net change of -99.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 50.3989 was up 5.79% compared to the 2016 peak of 47.6424, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ISK to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.7890, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 28.7795 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 50.3893 ZMK (High: 50.3989 / Low: 0.0096). On the other end, October was the most stable month, with a tight range of 0.0002 ZMK (High: 0.0095 / Low: 0.0094).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 26.7665 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 20.8588) against the same month in 2016 (average: 42.4874), the exchange rate shifted by -21.6286 (-50.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.6639 | 0.0086 | 35.6453 |
| February | 49.1852 | 0.0088 | 20.4869 |
| March | 49.2963 | 46.3152 | 48.1080 |
| April | 49.4778 | 46.1849 | 47.6253 |
| May | 50.3989 | 0.0096 | 20.8588 |
| June | 0.0103 | 0.0095 | 0.0099 |
| July | 0.0098 | 0.0093 | 0.0096 |
| August | 0.0096 | 0.0092 | 0.0094 |
| September | 0.0095 | 0.0093 | 0.0094 |
| October | 0.0095 | 0.0094 | 0.0095 |
| November | 0.0097 | 0.0094 | 0.0096 |
| December | 0.0097 | 0.0094 | 0.0095 |