2018 BND to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |