YEARLY HIGH
11.6074 ISK
YEARLY LOW
10.0366 ISK
YEARLY AVERAGE
10.9895 ISK

2017 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 11.6074. Conversely, the yearly low was recorded on June 4, dropping to 10.0366.

This high-to-low spread represents a total annual volatility of 1.5708 ISK. From a start-to-finish perspective, comparing the January average rate of 11.3556 to the December average rate of 11.1228, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.6074 was down 12.12% compared to the 2016 peak of 13.2083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,037 ISK
2016 Average 61,614 ISK
Yearly Trough Low 50,183 ISK
Transaction Impact: A difference of 7,854.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.4561
10.2501
JanuMarcMayJulySeptNove

MAD 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 10.8537, compared to 11.1254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2718 points.

H1 Avg (Jan–Jun) 10.8537
H2 Avg (Jul–Dec) 11.1254

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.9588 ISK (High: 11.5231 / Low: 10.5643). On the other end, October was the most stable month, with a tight range of 0.2442 ISK (High: 11.2667 / Low: 11.0225).

February Spread (Volatile) ±0.9588
October Spread (Stable) ±0.2442

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 0.5491 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 11.3556) against the same month in 2016 (average: 13.1183), the exchange rate shifted by -1.7627 (-13.44%).

2017 Avg (January) 11.3556
2016 Avg (January) 13.1183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6074 11.1362 11.3556
February 11.5231 10.5643 11.0766
March 11.2649 10.5307 10.8839
April 11.3162 10.6957 11.0022
May 10.7228 10.1686 10.4531
June 10.7534 10.0366 10.3506
July 11.1980 10.5668 10.8821
August 11.5191 11.0365 11.2135
September 11.5163 11.1636 11.3554
October 11.2667 11.0225 11.1641
November 11.1751 10.9151 11.0147
December 11.3086 10.9812 11.1228