YEARLY HIGH
32.0599 ISK
YEARLY LOW
26.4374 ISK
YEARLY AVERAGE
29.0158 ISK

2017 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 32.0599. Conversely, the yearly low was recorded on November 21, dropping to 26.4374.

This high-to-low spread represents a total annual volatility of 5.6226 ISK. From a start-to-finish perspective, comparing the January average rate of 31.3796 to the December average rate of 28.5700, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.0599 was down 10.86% compared to the 2016 peak of 35.9660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,300 ISK
2016 Average 165,813 ISK
Yearly Trough Low 132,187 ISK
Transaction Impact: A difference of 28,112.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.7812
26.9620
JanuMarcMayJulySeptNove

QAR 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 29.6590, compared to 28.3726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2865 points.

H1 Avg (Jan–Jun) 29.6590
H2 Avg (Jul–Dec) 28.3726

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 2.3293 ISK (High: 28.7667 / Low: 26.4374). On the other end, September was the most stable month, with a tight range of 0.6544 ISK (High: 29.0457 / Low: 28.3913).

November Spread (Volatile) ±2.3293
September Spread (Stable) ±0.6544

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 2.0755 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 31.3796) against the same month in 2016 (average: 35.6843), the exchange rate shifted by -4.3046 (-12.06%).

2017 Avg (January) 31.3796
2016 Avg (January) 35.6843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.0599 30.9114 31.3796
February 31.6222 29.3258 30.6072
March 31.1533 29.2571 29.9925
April 31.2434 29.1508 30.3050
May 29.2357 27.1819 28.2295
June 28.6107 26.7789 27.4405
July 29.1623 27.2705 28.4328
August 29.8973 28.3306 28.9318
September 29.0457 28.3913 28.7277
October 29.2432 27.6951 28.2094
November 28.7667 26.4374 27.3636
December 29.1322 27.8306 28.5700