YEARLY HIGH
0.1018 ISK
YEARLY LOW
0.0872 ISK
YEARLY AVERAGE
0.0943 ISK

2017 KRW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KRW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.1018. Conversely, the yearly low was recorded on June 4, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.0146 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0967 to the December average rate of 0.0968, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1018 was down 7.90% compared to the 2016 peak of 0.1105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 509,077 ISK
2016 Average 520,199 ISK
Yearly Trough Low 436,011 ISK
Transaction Impact: A difference of 73,066.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0984
0.0884
JanuMarcMayJulySeptNove

KRW 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 0.0948, compared to 0.0939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0948
H2 Avg (Jul–Dec) 0.0939

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0091 ISK (High: 0.1015 / Low: 0.0924). On the other end, October was the most stable month, with a tight range of 0.0022 ISK (High: 0.0943 / Low: 0.0921).

March Spread (Volatile) ±0.0091
October Spread (Stable) ±0.0022

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 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0973) against the same month in 2016 (average: 0.1080), the exchange rate shifted by -0.0107 (-9.88%).

2017 Avg (April) 0.0973
2016 Avg (April) 0.1080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1000 0.0936 0.0967
February 0.0999 0.0938 0.0976
March 0.1015 0.0924 0.0963
April 0.1018 0.0934 0.0973
May 0.0939 0.0884 0.0913
June 0.0921 0.0872 0.0892
July 0.0949 0.0889 0.0920
August 0.0958 0.0923 0.0936
September 0.0954 0.0922 0.0939
October 0.0943 0.0921 0.0931
November 0.0958 0.0924 0.0944
December 0.0985 0.0953 0.0968