YEARLY HIGH
1.8938 ISK
YEARLY LOW
1.4310 ISK
YEARLY AVERAGE
1.5514 ISK

2017 KGS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KGS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 1.8938. Conversely, the yearly low was recorded on June 3, dropping to 1.4310.

This high-to-low spread represents a total annual volatility of 0.4629 ISK. From a start-to-finish perspective, comparing the January average rate of 1.6476 to the December average rate of 1.5053, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8938 was up 1.87% compared to the 2016 peak of 1.8591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,469 ISK
2016 Average 8,636 ISK
Yearly Trough Low 7,155 ISK
Transaction Impact: A difference of 2,314.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6650
1.4553
JanuMarcMayJulySeptNove

KGS 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 1.5747, compared to 1.5280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0467 points.

H1 Avg (Jan–Jun) 1.5747
H2 Avg (Jul–Dec) 1.5280

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.3837 ISK (High: 1.8938 / Low: 1.5101). On the other end, October was the most stable month, with a tight range of 0.0275 ISK (High: 1.5541 / Low: 1.5266).

August Spread (Volatile) ±0.3837
October Spread (Stable) ±0.0275

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 0.1056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.5600) against the same month in 2016 (average: 1.7209), the exchange rate shifted by -0.1609 (-9.35%).

2017 Avg (August) 1.5600
2016 Avg (August) 1.7209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6825 1.6197 1.6476
February 1.6661 1.5444 1.6093
March 1.6539 1.5396 1.5806
April 1.6594 1.5729 1.6218
May 1.5724 1.4546 1.5162
June 1.5339 1.4310 1.4728
July 1.5502 1.4714 1.5075
August 1.8938 1.5101 1.5600
September 1.5783 1.5281 1.5517
October 1.5541 1.5266 1.5397
November 1.5464 1.4752 1.5039
December 1.5271 1.4812 1.5053