2018 BGN to ISK Historical Review

YEARLY HIGH

72.7944 ISK

YEARLY LOW

61.9966 ISK

YEARLY AVERAGE

65.2360 ISK

2018 BGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 72.7944. Conversely, the yearly low was recorded on March 31, dropping to 61.9966.

This high-to-low spread represents a total annual volatility of 10.7978 ISK. From a start-to-finish perspective, comparing the January average rate of 64.0715 to the December average rate of 70.0803, the exchange rate registered a net change of 9.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 72.7944 was up 10.70% compared to the 2017 peak of 65.7596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 363,972 ISK

2017 Average 307,772 ISK

Yearly Trough Low 309,983 ISK

Transaction Impact: A difference of 53,989.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

72.3176

61.6268

JanuMarcMayJulySeptNove

BGN 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 63.2705, compared to 67.2014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9309 points.

H1 Avg (Jan–Jun) 63.2705

H2 Avg (Jul–Dec) 67.2014

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 4.2150 ISK (High: 70.4341 / Low: 66.2191). On the other end, February was the most stable month, with a tight range of 0.9450 ISK (High: 64.1418 / Low: 63.1967).

October Spread (Volatile) ±4.2150

February Spread (Stable) ±0.9450

Growth Streaks & Declines

Trends

Between August and November, 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 1.3464 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 71.4267) against the same month in 2017 (average: 62.5241), the exchange rate shifted by +8.9026 (+14.24%).

2018 Avg (November) 71.4267

2017 Avg (November) 62.5241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.5149	63.4692	64.0715
February	64.1418	63.1967	63.7521
March	63.3374	61.9966	62.7217
April	63.1922	62.0130	62.5177
May	63.4030	62.1898	62.8083
June	64.7457	62.3409	63.7519
July	64.3402	62.6672	63.6382
August	64.0149	62.7833	63.5022
September	67.4665	63.8743	65.7872
October	70.4341	66.2191	68.7737
November	72.7944	70.4182	71.4267
December	71.7553	68.0048	70.0803