YEARLY HIGH
1.0946 ISK
YEARLY LOW
0.9459 ISK
YEARLY AVERAGE
1.0237 ISK

2017 NPR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NPR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 1.0946. Conversely, the yearly low was recorded on June 3, dropping to 0.9459.

This high-to-low spread represents a total annual volatility of 0.1487 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0491 to the December average rate of 1.0197, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0946 was down 10.67% compared to the 2016 peak of 1.2253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,473 ISK
2016 Average 5,619 ISK
Yearly Trough Low 4,729 ISK
Transaction Impact: A difference of 743.32 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0767
0.9708
JanuMarcMayJulySeptNove

NPR 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 1.0284, compared to 1.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 1.0284
H2 Avg (Jul–Dec) 1.0190

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0920 ISK (High: 1.0892 / Low: 0.9972). On the other end, October was the most stable month, with a tight range of 0.0223 ISK (High: 1.0265 / Low: 1.0042).

March Spread (Volatile) ±0.0920
October Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0703 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.0679) against the same month in 2016 (average: 1.1652), the exchange rate shifted by -0.0973 (-8.35%).

2017 Avg (April) 1.0679
2016 Avg (April) 1.1652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0746 1.0289 1.0491
February 1.0631 1.0004 1.0395
March 1.0892 0.9972 1.0365
April 1.0946 1.0277 1.0679
May 1.0362 0.9612 0.9976
June 1.0202 0.9459 0.9796
July 1.0444 0.9860 1.0122
August 1.0667 1.0164 1.0346
September 1.0506 1.0086 1.0307
October 1.0265 1.0042 1.0130
November 1.0266 0.9911 1.0038
December 1.0358 1.0003 1.0197