YEARLY HIGH
11.6927 ISK
YEARLY LOW
9.6065 ISK
YEARLY AVERAGE
10.5652 ISK

2017 VEF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 11.6927. Conversely, the yearly low was recorded on November 10, dropping to 9.6065.

This high-to-low spread represents a total annual volatility of 2.0862 ISK. From a start-to-finish perspective, comparing the January average rate of 11.4402 to the December average rate of 10.1801, the exchange rate registered a net change of -11.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.6927 was down 43.58% compared to the 2016 peak of 20.7249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,464 ISK
2016 Average 69,751 ISK
Yearly Trough Low 48,033 ISK
Transaction Impact: A difference of 10,430.93 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.5787
9.9165
JanuMarcMayJulySeptNove

VEF 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 10.7948, compared to 10.3357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4591 points.

H1 Avg (Jan–Jun) 10.7948
H2 Avg (Jul–Dec) 10.3357

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.0334 ISK (High: 10.6399 / Low: 9.6065). On the other end, September was the most stable month, with a tight range of 0.4183 ISK (High: 10.7854 / Low: 10.3671).

November Spread (Volatile) ±1.0334
September Spread (Stable) ±0.4183

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 0.7694 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 11.4402) against the same month in 2016 (average: 20.5614), the exchange rate shifted by -9.1211 (-44.36%).

2017 Avg (January) 11.4402
2016 Avg (January) 20.5614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6927 11.2606 11.4402
February 11.5204 10.6941 11.1582
March 11.3533 10.6647 10.9339
April 11.3854 10.4406 10.9754
May 10.6109 9.7905 10.2060
June 10.4272 9.6350 10.0550
July 10.6532 10.0567 10.3284
August 10.7534 10.1947 10.4318
September 10.7854 10.3671 10.5638
October 10.5816 9.9545 10.4368
November 10.6399 9.6065 10.0733
December 10.6199 9.6998 10.1801