YEARLY HIGH
382.0098 ISK
YEARLY LOW
321.1731 ISK
YEARLY AVERAGE
351.5314 ISK

2017 KWD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 382.0098. Conversely, the yearly low was recorded on June 3, dropping to 321.1731.

This high-to-low spread represents a total annual volatility of 60.8367 ISK. From a start-to-finish perspective, comparing the January average rate of 374.0340 to the December average rate of 347.0860, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 382.0098 was down 11.50% compared to the 2016 peak of 431.6704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,910,049 ISK
2016 Average 1,997,895 ISK
Yearly Trough Low 1,605,866 ISK
Transaction Impact: A difference of 304,183.39 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

378.1859
328.3633
JanuMarcMayJulySeptNove

KWD 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 354.9865, compared to 348.0764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9101 points.

H1 Avg (Jan–Jun) 354.9865
H2 Avg (Jul–Dec) 348.0764

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 28.0143 ISK (High: 377.7124 / Low: 349.6981). On the other end, October was the most stable month, with a tight range of 6.2285 ISK (High: 352.5981 / Low: 346.3696).

February Spread (Volatile) ±28.0143
October Spread (Stable) ±6.2285

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 24.2247 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -24.2247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 374.0340) against the same month in 2016 (average: 427.3991), the exchange rate shifted by -53.3651 (-12.49%).

2017 Avg (January) 374.0340
2016 Avg (January) 427.3991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 382.0098 368.3522 374.0340
February 377.7124 349.6981 365.1645
March 371.7421 348.5401 357.8363
April 373.5080 347.8375 362.2969
May 349.8148 326.0920 338.0722
June 346.6422 321.1731 332.5151
July 355.8238 335.6973 344.3330
August 360.3720 345.0091 350.6331
September 358.5401 347.7414 352.8641
October 352.5981 346.3696 349.0160
November 351.7161 340.6054 344.5260
December 351.1293 342.4177 347.0860