YEARLY HIGH
26.2478 ISK
YEARLY LOW
22.7874 ISK
YEARLY AVERAGE
24.8037 ISK

2017 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 26.2478. Conversely, the yearly low was recorded on June 3, dropping to 22.7874.

This high-to-low spread represents a total annual volatility of 3.4604 ISK. From a start-to-finish perspective, comparing the January average rate of 25.6257 to the December average rate of 25.7018, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.2478 was down 18.35% compared to the 2016 peak of 32.1473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 524,956 ISK
2016 Average 584,081 ISK
Yearly Trough Low 455,748 ISK
Transaction Impact: A difference of 69,208.14 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

25.9134
23.3745
JanuMarcMayJulySeptNove

MYR 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 24.6273, compared to 24.9800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3527 points.

H1 Avg (Jan–Jun) 24.6273
H2 Avg (Jul–Dec) 24.9800

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.9417 ISK (High: 25.9913 / Low: 24.0497). On the other end, October was the most stable month, with a tight range of 0.4236 ISK (High: 25.1608 / Low: 24.7373).

February Spread (Volatile) ±1.9417
October Spread (Stable) ±0.4236

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 1.2451 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 25.6257) against the same month in 2016 (average: 30.0089), the exchange rate shifted by -4.3831 (-14.61%).

2017 Avg (January) 25.6257
2016 Avg (January) 30.0089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2478 25.1357 25.6257
February 25.9913 24.0497 25.0877
March 25.6289 23.9234 24.6053
April 25.6865 24.3463 25.0522
May 24.6436 23.0680 23.8071
June 24.5230 22.7874 23.5860
July 25.1076 23.7149 24.3045
August 25.3430 24.3159 24.7109
September 25.7904 24.5920 25.2423
October 25.1608 24.7373 24.9440
November 25.3318 24.6845 24.9767
December 25.9998 25.2450 25.7018