YEARLY HIGH
14.8545 ISK
YEARLY LOW
11.0654 ISK
YEARLY AVERAGE
12.4507 ISK

2017 TJS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 14.8545. Conversely, the yearly low was recorded on June 3, dropping to 11.0654.

This high-to-low spread represents a total annual volatility of 3.7891 ISK. From a start-to-finish perspective, comparing the January average rate of 14.4610 to the December average rate of 11.8843, the exchange rate registered a net change of -17.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.8545 was down 19.87% compared to the 2016 peak of 18.5389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,272 ISK
2016 Average 77,190 ISK
Yearly Trough Low 55,327 ISK
Transaction Impact: A difference of 18,945.48 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.7604
11.1674
JanuMarcMayJulySeptNove

TJS 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 12.9611, compared to 11.9403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0208 points.

H1 Avg (Jan–Jun) 12.9611
H2 Avg (Jul–Dec) 11.9403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.6134 ISK (High: 13.6222 / Low: 12.0088). On the other end, October was the most stable month, with a tight range of 0.1936 ISK (High: 12.0962 / Low: 11.9026).

April Spread (Volatile) ±1.6134
October Spread (Stable) ±0.1936

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 1.0243 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 14.4610) against the same month in 2016 (average: 17.6185), the exchange rate shifted by -3.1575 (-17.92%).

2017 Avg (January) 14.4610
2016 Avg (January) 17.6185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8545 14.1948 14.4610
February 14.4784 13.2306 13.9698
March 13.6216 13.1375 13.4073
April 13.6222 12.0088 12.7430
May 12.4816 11.2562 11.7187
June 11.9649 11.0654 11.4668
July 12.2414 11.5727 11.8640
August 12.4245 11.8238 12.0281
September 12.2817 11.8597 12.0662
October 12.0962 11.9026 11.9814
November 12.0698 11.6582 11.8179
December 12.0402 11.7100 11.8843