YEARLY HIGH
1.2855 ISK
YEARLY LOW
1.0920 ISK
YEARLY AVERAGE
1.1538 ISK

2018 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 1.2855. Conversely, the yearly low was recorded on April 7, dropping to 1.0920.

This high-to-low spread represents a total annual volatility of 0.1936 ISK. From a start-to-finish perspective, comparing the January average rate of 1.1314 to the December average rate of 1.2400, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2855 was up 9.82% compared to the 2017 peak of 1.1706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,428 ISK
2017 Average 5,441 ISK
Yearly Trough Low 5,460 ISK
Transaction Impact: A difference of 967.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2812
1.0884
JanuMarcMayJulySeptNove

CVE 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 1.1183, compared to 1.1893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0710 points.

H1 Avg (Jan–Jun) 1.1183
H2 Avg (Jul–Dec) 1.1893

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0760 ISK (High: 1.2481 / Low: 1.1720). On the other end, February was the most stable month, with a tight range of 0.0208 ISK (High: 1.1338 / Low: 1.1130).

October Spread (Volatile) ±0.0760
February Spread (Stable) ±0.0208

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 0.0251 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.2651) against the same month in 2017 (average: 1.1041), the exchange rate shifted by +0.1610 (+14.58%).

2018 Avg (November) 1.2651
2017 Avg (November) 1.1041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1440 1.1218 1.1314
February 1.1338 1.1130 1.1263
March 1.1209 1.0962 1.1086
April 1.1151 1.0920 1.1045
May 1.1277 1.0962 1.1121
June 1.1465 1.1030 1.1270
July 1.1434 1.1084 1.1257
August 1.1443 1.1046 1.1240
September 1.1894 1.1386 1.1648
October 1.2481 1.1720 1.2161
November 1.2855 1.2444 1.2651
December 1.2719 1.2028 1.2400