YEARLY HIGH
164.7613 ISK
YEARLY LOW
137.4430 ISK
YEARLY AVERAGE
150.3896 ISK

2017 JOD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 164.7613. Conversely, the yearly low was recorded on June 3, dropping to 137.4430.

This high-to-low spread represents a total annual volatility of 27.3183 ISK. From a start-to-finish perspective, comparing the January average rate of 161.2620 to the December average rate of 147.7626, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 164.7613 was down 10.95% compared to the 2016 peak of 185.0115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 823,807 ISK
2016 Average 852,141 ISK
Yearly Trough Low 687,215 ISK
Transaction Impact: A difference of 136,591.45 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

163.1777
140.1898
JanuMarcMayJulySeptNove

JOD to ISK 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 152.5025, compared to 148.2767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2259 points.

H1 Avg (Jan–Jun) 152.5025
H2 Avg (Jul–Dec) 148.2767

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 11.8071 ISK (High: 162.5208 / Low: 150.7137). On the other end, October was the most stable month, with a tight range of 2.5247 ISK (High: 150.2255 / Low: 147.7008).

February Spread (Volatile) ±11.8071
October Spread (Stable) ±2.5247

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 10.7242 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.7242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 161.2620) against the same month in 2016 (average: 183.2372), the exchange rate shifted by -21.9752 (-11.99%).

2017 Avg (January) 161.2620
2016 Avg (January) 183.2372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 164.7613 158.8567 161.2620
February 162.5208 150.7137 157.2803
March 159.7681 150.2631 154.0218
April 160.3094 149.7173 155.5349
May 150.0278 139.4668 144.8107
June 148.0694 137.4430 142.1054
July 152.2074 143.6308 146.9131
August 153.6128 146.9740 149.3334
September 152.3975 148.0320 150.0467
October 150.2255 147.7008 148.7497
November 149.9434 145.0410 146.8545
December 149.5623 145.3972 147.7626