YEARLY HIGH
35.3924 ISK
YEARLY LOW
29.8188 ISK
YEARLY AVERAGE
32.7099 ISK

2017 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 35.3924. Conversely, the yearly low was recorded on June 3, dropping to 29.8188.

This high-to-low spread represents a total annual volatility of 5.5736 ISK. From a start-to-finish perspective, comparing the January average rate of 34.2315 to the December average rate of 32.2987, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 35.3924 was down 7.69% compared to the 2016 peak of 38.3395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,962 ISK
2016 Average 178,977 ISK
Yearly Trough Low 149,094 ISK
Transaction Impact: A difference of 27,867.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

34.5646
30.5678
JanuMarcMayJulySeptNove

PEN 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 33.0281, compared to 32.3917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6364 points.

H1 Avg (Jan–Jun) 33.0281
H2 Avg (Jul–Dec) 32.3917

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 2.5162 ISK (High: 35.2259 / Low: 32.7097). On the other end, October was the most stable month, with a tight range of 0.7622 ISK (High: 32.8972 / Low: 32.1350).

February Spread (Volatile) ±2.5162
October Spread (Stable) ±0.7622

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 2.5371 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 34.2315) against the same month in 2016 (average: 37.8240), the exchange rate shifted by -3.5925 (-9.50%).

2017 Avg (January) 34.2315
2016 Avg (January) 37.8240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.3924 33.3590 34.2315
February 35.2259 32.7097 34.2017
March 34.8499 32.4405 33.4725
April 35.0347 32.6075 33.9496
May 32.7519 30.2646 31.4125
June 32.1502 29.8188 30.9009
July 33.1540 31.4150 32.1088
August 33.5645 32.1673 32.6596
September 33.3149 32.2481 32.7663
October 32.8972 32.1350 32.4369
November 32.7561 31.2042 32.0801
December 32.7655 31.9052 32.2987