YEARLY HIGH
36.9680 ISK
YEARLY LOW
30.5480 ISK
YEARLY AVERAGE
33.4405 ISK

2017 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 36.9680. Conversely, the yearly low was recorded on June 14, dropping to 30.5480.

This high-to-low spread represents a total annual volatility of 6.4199 ISK. From a start-to-finish perspective, comparing the January average rate of 35.9708 to the December average rate of 32.5767, the exchange rate registered a net change of -9.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 36.9680 was down 15.12% compared to the 2016 peak of 43.5515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184,840 ISK
2016 Average 193,020 ISK
Yearly Trough Low 152,740 ISK
Transaction Impact: A difference of 32,099.68 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.4020
31.2280
JanuMarcMayJulySeptNove

PGK 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 33.9906, compared to 32.8905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1001 points.

H1 Avg (Jan–Jun) 33.9906
H2 Avg (Jul–Dec) 32.8905

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 3.5541 ISK (High: 35.8802 / Low: 32.3262). On the other end, October was the most stable month, with a tight range of 0.6847 ISK (High: 33.3303 / Low: 32.6456).

April Spread (Volatile) ±3.5541
October Spread (Stable) ±0.6847

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 1.9980 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 35.9708) against the same month in 2016 (average: 43.0979), the exchange rate shifted by -7.1271 (-16.54%).

2017 Avg (January) 35.9708
2016 Avg (January) 43.0979

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.9680 35.2529 35.9708
February 36.1681 33.6338 35.2491
March 35.5578 33.5670 34.4448
April 35.8802 32.3262 34.3088
May 33.4591 31.0750 32.3109
June 33.1754 30.5480 31.6591
July 33.6123 31.7232 32.8270
August 34.4978 32.3938 33.2810
September 33.7490 32.7508 33.2177
October 33.3303 32.6456 32.9756
November 33.1111 31.9930 32.4651
December 32.9861 32.0219 32.5767