YEARLY HIGH
2.5290 ISK
YEARLY LOW
2.0629 ISK
YEARLY AVERAGE
2.2484 ISK

2018 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.5290. Conversely, the yearly low was recorded on January 28, dropping to 2.0629.

This high-to-low spread represents a total annual volatility of 0.4661 ISK. From a start-to-finish perspective, comparing the January average rate of 2.1406 to the December average rate of 2.4358, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5290 was down 5.80% compared to the 2017 peak of 2.6848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,645 ISK
2017 Average 11,652 ISK
Yearly Trough Low 10,314 ISK
Transaction Impact: A difference of 2,330.45 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5189
2.0650
JanuMarcMayJulySeptNove

GMD 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 2.1585, compared to 2.3382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1797 points.

H1 Avg (Jan–Jun) 2.1585
H2 Avg (Jul–Dec) 2.3382

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1919 ISK (High: 2.4605 / Low: 2.2685). On the other end, August was the most stable month, with a tight range of 0.0623 ISK (High: 2.2747 / Low: 2.2124).

October Spread (Volatile) ±0.1919
August Spread (Stable) ±0.0623

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 0.0453 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.4811) against the same month in 2017 (average: 2.1972), the exchange rate shifted by +0.2839 (+12.92%).

2018 Avg (November) 2.4811
2017 Avg (November) 2.1972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2050 2.0629 2.1406
February 2.1694 2.0820 2.1328
March 2.1360 2.0652 2.1029
April 2.1537 2.0804 2.1097
May 2.2582 2.1569 2.2024
June 2.3128 2.2178 2.2628
July 2.2743 2.1759 2.2321
August 2.2747 2.2124 2.2378
September 2.3564 2.2355 2.2755
October 2.4605 2.2685 2.3668
November 2.5290 2.4395 2.4811
December 2.4982 2.3496 2.4358