YEARLY HIGH
0.5455 ISK
YEARLY LOW
0.1997 ISK
YEARLY AVERAGE
0.3850 ISK

2017 SYP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.5455. Conversely, the yearly low was recorded on November 25, dropping to 0.1997.

This high-to-low spread represents a total annual volatility of 0.3458 ISK. From a start-to-finish perspective, comparing the January average rate of 0.5339 to the December average rate of 0.2035, the exchange rate registered a net change of -61.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5455 was down 8.40% compared to the 2016 peak of 0.5956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,728 ISK
2016 Average 2,781 ISK
Yearly Trough Low 998 ISK
Transaction Impact: A difference of 1,729.23 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5670
0.1690
JanuMarcMayJulySeptNove

SYP 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 0.5047, compared to 0.2653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2395 points.

H1 Avg (Jan–Jun) 0.5047
H2 Avg (Jul–Dec) 0.2653

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2907 ISK (High: 0.4937 / Low: 0.2030). On the other end, October was the most stable month, with a tight range of 0.0035 ISK (High: 0.2068 / Low: 0.2034).

August Spread (Volatile) ±0.2907
October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1980 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5339) against the same month in 2016 (average: 0.5906), the exchange rate shifted by -0.0568 (-9.62%).

2017 Avg (January) 0.5339
2016 Avg (January) 0.5906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5455 0.5251 0.5339
February 0.5372 0.4982 0.5199
March 0.5291 0.4969 0.5095
April 0.5307 0.4954 0.5149
May 0.4967 0.4618 0.4795
June 0.4905 0.4550 0.4707
July 0.5034 0.4750 0.4863
August 0.4937 0.2030 0.2883
September 0.2098 0.2038 0.2065
October 0.2068 0.2034 0.2048
November 0.2064 0.1997 0.2022
December 0.2059 0.2005 0.2035