YEARLY HIGH
19.0805 ISK
YEARLY LOW
16.2878 ISK
YEARLY AVERAGE
17.1168 ISK

2018 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 19.0805. Conversely, the yearly low was recorded on April 9, dropping to 16.2878.

This high-to-low spread represents a total annual volatility of 2.7927 ISK. From a start-to-finish perspective, comparing the January average rate of 16.8311 to the December average rate of 18.3610, the exchange rate registered a net change of 9.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.0805 was up 10.50% compared to the 2017 peak of 17.2668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,403 ISK
2017 Average 80,925 ISK
Yearly Trough Low 81,439 ISK
Transaction Impact: A difference of 13,963.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

18.9587
16.1822
JanuMarcMayJulySeptNove

DKK 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 16.6120, compared to 17.6215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0095 points.

H1 Avg (Jan–Jun) 16.6120
H2 Avg (Jul–Dec) 17.6215

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.0877 ISK (High: 18.4576 / Low: 17.3699). On the other end, January was the most stable month, with a tight range of 0.2566 ISK (High: 16.9434 / Low: 16.6867).

October Spread (Volatile) ±1.0877
January Spread (Stable) ±0.2566

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 0.3664 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 18.7273) against the same month in 2017 (average: 16.4314), the exchange rate shifted by +2.2960 (+13.97%).

2018 Avg (November) 18.7273
2017 Avg (November) 16.4314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.9434 16.6867 16.8311
February 16.8458 16.5867 16.7404
March 16.6388 16.2891 16.4720
April 16.5550 16.2878 16.4136
May 16.6238 16.3224 16.4813
June 16.9872 16.3835 16.7337
July 16.8837 16.4657 16.7030
August 16.7771 16.4657 16.6579
September 17.6734 16.7536 17.2495
October 18.4576 17.3699 18.0305
November 19.0805 18.4895 18.7273
December 18.7863 17.8344 18.3610