YEARLY HIGH
90.2150 ISK
YEARLY LOW
69.1824 ISK
YEARLY AVERAGE
76.9457 ISK

2018 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 90.2150. Conversely, the yearly low was recorded on July 25, dropping to 69.1824.

This high-to-low spread represents a total annual volatility of 21.0326 ISK. From a start-to-finish perspective, comparing the January average rate of 77.7216 to the December average rate of 76.8199, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 90.2150 was up 10.35% compared to the 2017 peak of 81.7559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 451,075 ISK
2017 Average 386,154 ISK
Yearly Trough Low 345,912 ISK
Transaction Impact: A difference of 105,163.21 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

86.1800
70.1664
JanuMarcMayJulySeptNove

BND 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 76.1652, compared to 77.7263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5611 points.

H1 Avg (Jan–Jun) 76.1652
H2 Avg (Jul–Dec) 77.7263

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 15.4626 ISK (High: 89.1901 / Low: 73.7275). On the other end, February was the most stable month, with a tight range of 1.1971 ISK (High: 77.1938 / Low: 75.9967).

December Spread (Volatile) ±15.4626
February Spread (Stable) ±1.1971

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 8.0256 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 84.8455) against the same month in 2017 (average: 76.8231), the exchange rate shifted by +8.0224 (+10.44%).

2018 Avg (November) 84.8455
2017 Avg (November) 76.8231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.7123 76.7636 77.7216
February 77.1938 75.9967 76.4875
March 76.1298 74.6713 75.6294
April 76.4461 74.9743 75.6654
May 78.9418 69.7747 76.9069
June 80.4923 70.4122 74.5805
July 79.7605 69.1824 75.2374
August 78.6903 70.3722 71.5009
September 80.8164 71.2470 74.7932
October 87.4390 79.3149 83.1607
November 90.2150 78.1587 84.8455
December 89.1901 73.7275 76.8199