YEARLY HIGH
0.0777 ISK
YEARLY LOW
0.0646 ISK
YEARLY AVERAGE
0.0707 ISK

2017 LBP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LBP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0777. Conversely, the yearly low was recorded on June 5, dropping to 0.0646.

This high-to-low spread represents a total annual volatility of 0.0132 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0691, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0777 was down 10.34% compared to the 2016 peak of 0.0867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 389 ISK
2016 Average 400 ISK
Yearly Trough Low 323 ISK
Transaction Impact: A difference of 65.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0767
0.0661
JanuMarcMayJulySeptNove

LBP 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 0.0717, compared to 0.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0717
H2 Avg (Jul–Dec) 0.0696

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0059 ISK (High: 0.0765 / Low: 0.0706). On the other end, October was the most stable month, with a tight range of 0.0014 ISK (High: 0.0707 / Low: 0.0694).

February Spread (Volatile) ±0.0059
October Spread (Stable) ±0.0014

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 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0758) against the same month in 2016 (average: 0.0860), the exchange rate shifted by -0.0103 (-11.92%).

2017 Avg (January) 0.0758
2016 Avg (January) 0.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0777 0.0743 0.0758
February 0.0765 0.0706 0.0739
March 0.0750 0.0705 0.0726
April 0.0756 0.0701 0.0731
May 0.0704 0.0658 0.0681
June 0.0699 0.0646 0.0670
July 0.0718 0.0676 0.0693
August 0.0725 0.0691 0.0703
September 0.0716 0.0696 0.0705
October 0.0707 0.0694 0.0698
November 0.0702 0.0676 0.0688
December 0.0702 0.0681 0.0691