2017 NZD to ISK Historical Review

YEARLY HIGH

84.8886 ISK

YEARLY LOW

69.3006 ISK

YEARLY AVERAGE

75.8263 ISK

2017 NZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 84.8886. Conversely, the yearly low was recorded on May 20, dropping to 69.3006.

This high-to-low spread represents a total annual volatility of 15.5879 ISK. From a start-to-finish perspective, comparing the January average rate of 81.3849 to the December average rate of 73.0214, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 84.8886 was down 5.52% compared to the 2016 peak of 89.8507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 424,443 ISK

2016 Average 420,346 ISK

Yearly Trough Low 346,503 ISK

Transaction Impact: A difference of 77,939.70 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

82.3853

70.3801

JanuMarcMayJulySeptNove

NZD 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 76.5967, compared to 75.0560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5408 points.

H1 Avg (Jan–Jun) 76.5967

H2 Avg (Jul–Dec) 75.0560

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 6.9673 ISK (High: 83.5610 / Low: 76.5938). On the other end, November was the most stable month, with a tight range of 3.0135 ISK (High: 73.4388 / Low: 70.4253).

February Spread (Volatile) ±6.9673

November Spread (Stable) ±3.0135

Growth Streaks & Declines

Trends

Between May and August, 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 5.5793 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.5793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 81.3849) against the same month in 2016 (average: 85.0591), the exchange rate shifted by -3.6742 (-4.32%).

2017 Avg (January) 81.3849

2016 Avg (January) 85.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.8886	78.3760	81.3849
February	83.5610	76.5938	80.4611
March	79.4564	74.4983	76.4826
April	79.8081	72.9391	76.9599
May	73.7670	69.3006	71.3806
June	76.1944	69.6046	72.9114
July	78.7135	74.6051	76.8322
August	79.6287	75.0492	77.3453
September	79.2384	75.1876	77.1120
October	76.6252	72.0753	74.3197
November	73.4388	70.4253	71.7052
December	74.5182	71.0530	73.0214