YEARLY HIGH
3.3112 ISK
YEARLY LOW
2.8640 ISK
YEARLY AVERAGE
3.1436 ISK

2017 THB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the THB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 3.3112. Conversely, the yearly low was recorded on June 4, dropping to 2.8640.

This high-to-low spread represents a total annual volatility of 0.4472 ISK. From a start-to-finish perspective, comparing the January average rate of 3.2224 to the December average rate of 3.2117, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.3112 was down 9.38% compared to the 2016 peak of 3.6538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 827,802 ISK
2016 Average 855,510 ISK
Yearly Trough Low 716,006 ISK
Transaction Impact: A difference of 111,796.52 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.2478
2.9428
JanuMarcMayJulySeptNove

THB 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 3.1151, compared to 3.1721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0571 points.

H1 Avg (Jan–Jun) 3.1151
H2 Avg (Jul–Dec) 3.1721

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2611 ISK (High: 3.3025 / Low: 3.0414). On the other end, October was the most stable month, with a tight range of 0.0501 ISK (High: 3.2027 / Low: 3.1526).

March Spread (Volatile) ±0.2611
October Spread (Stable) ±0.0501

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 0.2173 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 3.2012) against the same month in 2016 (average: 3.5328), the exchange rate shifted by -0.3317 (-9.39%).

2017 Avg (April) 3.2012
2016 Avg (April) 3.5328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3052 3.1546 3.2224
February 3.2768 3.0552 3.1834
March 3.3025 3.0414 3.1313
April 3.3112 3.0606 3.2012
May 3.0804 2.9049 2.9839
June 3.0928 2.8640 2.9682
July 3.1691 3.0020 3.0925
August 3.2737 3.1305 3.1834
September 3.2622 3.1639 3.2073
October 3.2027 3.1526 3.1743
November 3.2111 3.1279 3.1635
December 3.2459 3.1680 3.2117