2017 WST to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 WST to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the WST to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 46.1775. Conversely, the yearly low was recorded on June 3, dropping to 38.1704.
This high-to-low spread represents a total annual volatility of 8.0071 ISK. From a start-to-finish perspective, comparing the January average rate of 44.5511 to the December average rate of 41.1584, the exchange rate registered a net change of -7.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 46.1775 was down 9.60% compared to the 2016 peak of 51.0817, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
WST to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 42.3941, compared to 41.9281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 3.7309 ISK (High: 41.9014 / Low: 38.1704). On the other end, October was the most stable month, with a tight range of 1.3760 ISK (High: 42.7736 / Low: 41.3976).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.9651 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 44.5511) against the same month in 2016 (average: 50.0919), the exchange rate shifted by -5.5408 (-11.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.1775 | 43.6377 | 44.5511 |
| February | 45.3928 | 42.2291 | 43.9973 |
| March | 44.3676 | 41.7169 | 42.9122 |
| April | 44.4950 | 41.0969 | 43.0041 |
| May | 41.7296 | 38.7956 | 40.0390 |
| June | 41.9014 | 38.1704 | 39.8611 |
| July | 43.0892 | 40.3184 | 41.7613 |
| August | 44.7093 | 41.8020 | 43.0036 |
| September | 43.7036 | 42.0552 | 42.6789 |
| October | 42.7736 | 41.3976 | 41.9740 |
| November | 42.0346 | 40.2792 | 40.9921 |
| December | 42.0094 | 40.5596 | 41.1584 |