YEARLY HIGH
59.1949 ISK
YEARLY LOW
47.9845 ISK
YEARLY AVERAGE
51.9324 ISK

2018 FJD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 59.1949. Conversely, the yearly low was recorded on March 27, dropping to 47.9845.

This high-to-low spread represents a total annual volatility of 11.2105 ISK. From a start-to-finish perspective, comparing the January average rate of 50.8370 to the December average rate of 56.7707, the exchange rate registered a net change of 11.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 59.1949 was up 4.63% compared to the 2017 peak of 56.5739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,975 ISK
2017 Average 258,925 ISK
Yearly Trough Low 239,922 ISK
Transaction Impact: A difference of 56,052.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

58.9854
47.8942
JanuMarcMayJulySeptNove

FJD 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 50.0018, compared to 53.8629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8611 points.

H1 Avg (Jan–Jun) 50.0018
H2 Avg (Jul–Dec) 53.8629

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 4.4527 ISK (High: 58.7122 / Low: 54.2595). On the other end, February was the most stable month, with a tight range of 0.9708 ISK (High: 50.5463 / Low: 49.5754).

December Spread (Volatile) ±4.4527
February Spread (Stable) ±0.9708

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.2905 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.2905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 58.0611) against the same month in 2017 (average: 50.2354), the exchange rate shifted by +7.8258 (+15.58%).

2018 Avg (November) 58.0611
2017 Avg (November) 50.2354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.4202 50.0254 50.8370
February 50.5463 49.5754 50.0196
March 49.8639 47.9845 49.0049
April 49.3678 48.1619 48.8185
May 51.3489 48.6701 49.9564
June 52.3399 50.0962 51.3744
July 51.3202 50.1703 50.7550
August 51.7521 50.5094 51.0088
September 53.3760 51.0033 51.9802
October 56.7094 52.4922 54.6016
November 59.1949 56.1006 58.0611
December 58.7122 54.2595 56.7707