YEARLY HIGH
1.0778 ISK
YEARLY LOW
0.9002 ISK
YEARLY AVERAGE
0.9928 ISK

2017 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 1.0778. Conversely, the yearly low was recorded on June 3, dropping to 0.9002.

This high-to-low spread represents a total annual volatility of 0.1776 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9816 to the December average rate of 1.0435, the exchange rate registered a net change of 6.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0778 was down 7.74% compared to the 2016 peak of 1.1683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,389 ISK
2016 Average 5,433 ISK
Yearly Trough Low 4,501 ISK
Transaction Impact: A difference of 888.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0766
0.9106
JanuMarcMayJulySeptNove

RSD 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 0.9486, compared to 1.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0883 points.

H1 Avg (Jan–Jun) 0.9486
H2 Avg (Jul–Dec) 1.0369

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0875 ISK (High: 0.9997 / Low: 0.9122). On the other end, November was the most stable month, with a tight range of 0.0224 ISK (High: 1.0416 / Low: 1.0192).

February Spread (Volatile) ±0.0875
November Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0317 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.0628) against the same month in 2016 (average: 1.0449), the exchange rate shifted by +0.0179 (+1.71%).

2017 Avg (September) 1.0628
2016 Avg (September) 1.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0057 0.9598 0.9816
February 0.9997 0.9122 0.9572
March 0.9770 0.9086 0.9429
April 0.9807 0.9403 0.9561
May 0.9451 0.9089 0.9244
June 0.9744 0.9002 0.9296
July 1.0295 0.9652 0.9994
August 1.0739 1.0262 1.0471
September 1.0778 1.0442 1.0628
October 1.0501 1.0232 1.0395
November 1.0416 1.0192 1.0293
December 1.0635 1.0271 1.0435