YEARLY HIGH
146.4153 ISK
YEARLY LOW
125.5142 ISK
YEARLY AVERAGE
137.3469 ISK

2017 SHP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SHP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 146.4153. Conversely, the yearly low was recorded on June 4, dropping to 125.5142.

This high-to-low spread represents a total annual volatility of 20.9011 ISK. From a start-to-finish perspective, comparing the January average rate of 141.0940 to the December average rate of 140.4836, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 146.4153 was down 23.62% compared to the 2016 peak of 191.6911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 732,077 ISK
2016 Average 820,382 ISK
Yearly Trough Low 627,571 ISK
Transaction Impact: A difference of 104,505.55 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

142.9117
127.8659
JanuMarcMayJulySeptNove

SHP 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 136.0565, compared to 138.6373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5808 points.

H1 Avg (Jan–Jun) 136.0565
H2 Avg (Jul–Dec) 138.6373

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 13.6099 ISK (High: 145.7882 / Low: 132.1783). On the other end, December was the most stable month, with a tight range of 2.7740 ISK (High: 141.8127 / Low: 139.0387).

February Spread (Volatile) ±13.6099
December Spread (Stable) ±2.7740

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 6.6315 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.6315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 141.0940) against the same month in 2016 (average: 187.1895), the exchange rate shifted by -46.0955 (-24.63%).

2017 Avg (January) 141.0940
2016 Avg (January) 187.1895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 146.4153 137.1546 141.0940
February 145.7882 132.1783 139.0692
March 142.2740 130.7232 134.8019
April 142.2740 136.5774 139.4429
May 137.3978 127.4473 132.8114
June 134.0454 125.5142 129.1197
July 138.7465 132.5381 135.6365
August 140.3126 135.2684 137.1436
September 145.9257 135.7168 141.6579
October 142.2162 137.8225 139.2316
November 140.9039 135.9270 137.6705
December 141.8127 139.0387 140.4836