YEARLY HIGH
161.4252 ISK
YEARLY LOW
136.8572 ISK
YEARLY AVERAGE
144.1922 ISK

2018 FKP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 161.4252. Conversely, the yearly low was recorded on August 19, dropping to 136.8572.

This high-to-low spread represents a total annual volatility of 24.5680 ISK. From a start-to-finish perspective, comparing the January average rate of 141.9375 to the December average rate of 152.6510, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 161.4252 was up 10.25% compared to the 2017 peak of 146.4153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 807,126 ISK
2017 Average 686,684 ISK
Yearly Trough Low 684,286 ISK
Transaction Impact: A difference of 122,840.20 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

160.5813
136.5212
JanuMarcMayJulySeptNove

FKP 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 140.6376, compared to 147.7468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1092 points.

H1 Avg (Jan–Jun) 140.6376
H2 Avg (Jul–Dec) 147.7468

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 10.5403 ISK (High: 156.3112 / Low: 145.7709). On the other end, March was the most stable month, with a tight range of 2.4665 ISK (High: 140.5463 / Low: 138.0798).

October Spread (Volatile) ±10.5403
March Spread (Stable) ±2.4665

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 5.9252 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.9252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 158.5763) against the same month in 2017 (average: 137.6705), the exchange rate shifted by +20.9058 (+15.19%).

2018 Avg (November) 158.5763
2017 Avg (November) 137.6705

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 144.4915 139.7305 141.9375
February 142.5153 139.5700 141.0308
March 140.5463 138.0798 138.9725
April 142.1239 138.5368 140.0711
May 141.3906 137.5546 139.8592
June 144.4876 139.2447 141.9544
July 142.3600 137.8192 140.2776
August 139.5716 136.8572 138.5262
September 147.9259 139.1663 144.0204
October 156.3112 145.7709 152.4291
November 161.4252 157.1163 158.5763
December 157.0853 147.3372 152.6510