YEARLY HIGH
27.9448 ISK
YEARLY LOW
24.0744 ISK
YEARLY AVERAGE
26.3429 ISK

2017 RON to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 27.9448. Conversely, the yearly low was recorded on June 4, dropping to 24.0744.

This high-to-low spread represents a total annual volatility of 3.8705 ISK. From a start-to-finish perspective, comparing the January average rate of 26.9740 to the December average rate of 26.7641, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.9448 was down 12.50% compared to the 2016 peak of 31.9363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,724 ISK
2016 Average 148,881 ISK
Yearly Trough Low 120,372 ISK
Transaction Impact: A difference of 19,352.30 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

27.8378
24.5003
JanuMarcMayJulySeptNove

RON 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 25.7912, compared to 26.8946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1033 points.

H1 Avg (Jan–Jun) 25.7912
H2 Avg (Jul–Dec) 26.8946

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 2.3533 ISK (High: 27.3051 / Low: 24.9518). On the other end, December was the most stable month, with a tight range of 0.6661 ISK (High: 27.1370 / Low: 26.4709).

February Spread (Volatile) ±2.3533
December Spread (Stable) ±0.6661

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 1.1239 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 27.3123) against the same month in 2016 (average: 29.6659), the exchange rate shifted by -2.3536 (-7.93%).

2017 Avg (August) 27.3123
2016 Avg (August) 29.6659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.6885 26.1228 26.9740
February 27.3051 24.9518 26.2763
March 26.5829 24.8289 25.6803
April 26.6770 25.4993 26.0811
May 25.5762 24.3546 24.9572
June 25.9156 24.0744 24.7784
July 27.0801 25.4545 26.3236
August 27.9448 27.0419 27.3123
September 27.9357 27.0737 27.5597
October 27.3238 26.5466 27.0071
November 26.8873 26.0083 26.4005
December 27.1370 26.4709 26.7641