YEARLY HIGH
6.1622 ISK
YEARLY LOW
5.1360 ISK
YEARLY AVERAGE
5.6474 ISK

2017 MXN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 6.1622. Conversely, the yearly low was recorded on January 18, dropping to 5.1360.

This high-to-low spread represents a total annual volatility of 1.0261 ISK. From a start-to-finish perspective, comparing the January average rate of 5.3545 to the December average rate of 5.4529, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.1622 was down 18.32% compared to the 2016 peak of 7.5439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 308,108 ISK
2016 Average 324,516 ISK
Yearly Trough Low 256,800 ISK
Transaction Impact: A difference of 51,307.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.0268
5.2934
JanuMarcMayJulySeptNove

MXN 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 5.5745, compared to 5.7202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1457 points.

H1 Avg (Jan–Jun) 5.5745
H2 Avg (Jul–Dec) 5.7202

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.6900 ISK (High: 6.0591 / Low: 5.3691). On the other end, November was the most stable month, with a tight range of 0.2270 ISK (High: 5.6053 / Low: 5.3783).

March Spread (Volatile) ±0.6900
November Spread (Stable) ±0.2270

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 0.4155 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 5.9479) against the same month in 2016 (average: 6.3875), the exchange rate shifted by -0.4396 (-6.88%).

2017 Avg (August) 5.9479
2016 Avg (August) 6.3875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.6026 5.1360 5.3545
February 5.5701 5.3053 5.4961
March 6.0591 5.3691 5.6716
April 6.0781 5.5471 5.8905
May 5.6651 5.3105 5.4750
June 5.8310 5.2076 5.5593
July 6.0487 5.6174 5.8510
August 6.1622 5.8239 5.9479
September 6.0707 5.8115 5.9657
October 5.8383 5.4466 5.6016
November 5.6053 5.3783 5.5019
December 5.5597 5.2500 5.4529