YEARLY HIGH
1.0289 ISK
YEARLY LOW
0.8830 ISK
YEARLY AVERAGE
0.9511 ISK

2017 JPY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JPY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 1.0289. Conversely, the yearly low was recorded on June 4, dropping to 0.8830.

This high-to-low spread represents a total annual volatility of 0.1460 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9935 to the December average rate of 0.9280, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0289 was down 16.17% compared to the 2016 peak of 1.2274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 514,465 ISK
2016 Average 555,961 ISK
Yearly Trough Low 441,481 ISK
Transaction Impact: A difference of 72,984.23 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0112
0.9006
JanuMarcMayJulySeptNove

JPY 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 0.9625, compared to 0.9398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.9625
H2 Avg (Jul–Dec) 0.9398

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0843 ISK (High: 1.0184 / Low: 0.9341). On the other end, October was the most stable month, with a tight range of 0.0181 ISK (High: 0.9444 / Low: 0.9263).

March Spread (Volatile) ±0.0843
October Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between June and August, 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 0.0859 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.0020) against the same month in 2016 (average: 1.1304), the exchange rate shifted by -0.1285 (-11.37%).

2017 Avg (April) 1.0020
2016 Avg (April) 1.1304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0236 0.9642 0.9935
February 1.0164 0.9442 0.9864
March 1.0184 0.9341 0.9669
April 1.0289 0.9524 1.0020
May 0.9490 0.8933 0.9161
June 0.9443 0.8830 0.9098
July 0.9509 0.9027 0.9287
August 0.9896 0.9416 0.9643
September 0.9818 0.9398 0.9606
October 0.9444 0.9263 0.9340
November 0.9347 0.9112 0.9229
December 0.9401 0.9168 0.9280