YEARLY HIGH
0.7835 ISK
YEARLY LOW
0.6371 ISK
YEARLY AVERAGE
0.6997 ISK

2017 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.7835. Conversely, the yearly low was recorded on June 3, dropping to 0.6371.

This high-to-low spread represents a total annual volatility of 0.1464 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7619 to the December average rate of 0.6842, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7835 was down 13.79% compared to the 2016 peak of 0.9088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,917 ISK
2016 Average 4,133 ISK
Yearly Trough Low 3,186 ISK
Transaction Impact: A difference of 731.90 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7721
0.6499
JanuMarcMayJulySeptNove

LKR 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 0.7134, compared to 0.6861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.7134
H2 Avg (Jul–Dec) 0.6861

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0617 ISK (High: 0.7656 / Low: 0.7039). On the other end, October was the most stable month, with a tight range of 0.0126 ISK (High: 0.6947 / Low: 0.6821).

February Spread (Volatile) ±0.0617
October Spread (Stable) ±0.0126

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 0.0507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.7619) against the same month in 2016 (average: 0.9022), the exchange rate shifted by -0.1402 (-15.54%).

2017 Avg (January) 0.7619
2016 Avg (January) 0.9022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7835 0.7455 0.7619
February 0.7656 0.7039 0.7381
March 0.7447 0.7045 0.7206
April 0.7499 0.6945 0.7252
May 0.6973 0.6496 0.6745
June 0.6869 0.6371 0.6601
July 0.7065 0.6646 0.6799
August 0.7148 0.6787 0.6925
September 0.7067 0.6836 0.6948
October 0.6947 0.6821 0.6869
November 0.6912 0.6686 0.6781
December 0.6938 0.6720 0.6842