YEARLY HIGH
72.6605 ISK
YEARLY LOW
61.9233 ISK
YEARLY AVERAGE
65.2998 ISK

2018 BAM to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BAM to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 72.6605. Conversely, the yearly low was recorded on April 8, dropping to 61.9233.

This high-to-low spread represents a total annual volatility of 10.7371 ISK. From a start-to-finish perspective, comparing the January average rate of 64.0119 to the December average rate of 70.1169, the exchange rate registered a net change of 9.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 72.6605 was up 9.57% compared to the 2017 peak of 66.3151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 363,302 ISK
2017 Average 307,694 ISK
Yearly Trough Low 309,617 ISK
Transaction Impact: A difference of 53,685.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

72.5501
61.6977
JanuMarcMayJulySeptNove

BAM 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 63.2798, compared to 67.3198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0399 points.

H1 Avg (Jan–Jun) 63.2798
H2 Avg (Jul–Dec) 67.3198

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 4.2779 ISK (High: 70.4575 / Low: 66.1796). On the other end, January was the most stable month, with a tight range of 1.0960 ISK (High: 64.5064 / Low: 63.4104).

October Spread (Volatile) ±4.2779
January Spread (Stable) ±1.0960

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 1.5288 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 71.6457) against the same month in 2017 (average: 62.4838), the exchange rate shifted by +9.1619 (+14.66%).

2018 Avg (November) 71.6457
2017 Avg (November) 62.4838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.5064 63.4104 64.0119
February 64.3605 63.1912 63.7617
March 63.3139 61.9642 62.7198
April 63.3778 61.9233 62.6021
May 63.5790 62.2029 62.8373
June 64.6488 62.4054 63.7463
July 65.4257 62.4960 63.7662
August 64.3270 62.5200 63.5760
September 67.4358 64.1846 66.0125
October 70.4575 66.1796 68.8011
November 72.6605 70.2605 71.6457
December 72.1613 67.8840 70.1169