YEARLY HIGH
7.3975 ISK
YEARLY LOW
5.3935 ISK
YEARLY AVERAGE
6.4699 ISK

2017 ARS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 7.3975. Conversely, the yearly low was recorded on December 31, dropping to 5.3935.

This high-to-low spread represents a total annual volatility of 2.0040 ISK. From a start-to-finish perspective, comparing the January average rate of 7.1916 to the December average rate of 5.9166, the exchange rate registered a net change of -17.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.3975 was down 26.23% compared to the 2016 peak of 10.0280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,988 ISK
2016 Average 41,054 ISK
Yearly Trough Low 26,967 ISK
Transaction Impact: A difference of 10,020.19 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.3222
5.7888
JanuMarcMayJulySeptNove

ARS 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 6.8997, compared to 6.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8596 points.

H1 Avg (Jan–Jun) 6.8997
H2 Avg (Jul–Dec) 6.0401

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.8193 ISK (High: 6.9687 / Low: 6.1494). On the other end, November was the most stable month, with a tight range of 0.1488 ISK (High: 6.0547 / Low: 5.9059).

May Spread (Volatile) ±0.8193
November Spread (Stable) ±0.1488

Growth Streaks & Declines

Trends

Between July and September, 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 0.6445 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 7.1945) against the same month in 2016 (average: 8.6118), the exchange rate shifted by -1.4174 (-16.46%).

2017 Avg (April) 7.1945
2016 Avg (April) 8.6118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3719 7.0412 7.1916
February 7.2979 6.9002 7.1571
March 7.3749 6.9000 7.0375
April 7.3975 6.8686 7.1945
May 6.9687 6.1494 6.5500
June 6.4829 6.0810 6.2676
July 6.3478 5.7895 6.0757
August 6.3738 5.8999 6.0774
September 6.2920 6.0317 6.1721
October 6.1314 5.9198 6.0436
November 6.0547 5.9059 5.9553
December 6.0799 5.3935 5.9166