YEARLY HIGH
142.3740 ISK
YEARLY LOW
121.3051 ISK
YEARLY AVERAGE
127.6016 ISK

2018 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 142.3740. Conversely, the yearly low was recorded on April 9, dropping to 121.3051.

This high-to-low spread represents a total annual volatility of 21.0689 ISK. From a start-to-finish perspective, comparing the January average rate of 125.3157 to the December average rate of 137.0834, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 142.3740 was up 10.80% compared to the 2017 peak of 128.4912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 711,870 ISK
2017 Average 601,992 ISK
Yearly Trough Low 606,525 ISK
Transaction Impact: A difference of 105,344.33 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

141.4748
120.5477
JanuMarcMayJulySeptNove

EUR 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 123.7435, compared to 131.4598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7163 points.

H1 Avg (Jan–Jun) 123.7435
H2 Avg (Jul–Dec) 131.4598

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 8.2221 ISK (High: 137.7353 / Low: 129.5131). On the other end, January was the most stable month, with a tight range of 1.8928 ISK (High: 126.1163 / Low: 124.2236).

October Spread (Volatile) ±8.2221
January Spread (Stable) ±1.8928

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 2.6475 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.6475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 139.7308) against the same month in 2017 (average: 122.2819), the exchange rate shifted by +17.4489 (+14.27%).

2018 Avg (November) 139.7308
2017 Avg (November) 122.2819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 126.1163 124.2236 125.3157
February 125.4218 123.5092 124.6499
March 123.9223 121.4686 122.7095
April 123.4832 121.3051 122.2917
May 123.8386 121.6114 122.7924
June 126.5873 122.0324 124.7017
July 125.9297 122.6879 124.5056
August 125.0922 122.8091 124.2296
September 131.8338 124.9130 128.6736
October 137.7353 129.5131 134.5359
November 142.3740 137.8990 139.7308
December 140.2414 133.1731 137.0834