YEARLY HIGH
0.0138 ISK
YEARLY LOW
0.0109 ISK
YEARLY AVERAGE
0.0120 ISK

2018 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0138. Conversely, the yearly low was recorded on March 26, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0029 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0132, the exchange rate registered a net change of 15.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0138 was up 10.69% compared to the 2017 peak of 0.0124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69 ISK
2017 Average 58 ISK
Yearly Trough Low 54 ISK
Transaction Impact: A difference of 14.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0137
0.0108
JanuMarcMayJulySeptNove

GNF 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 0.0113, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0113
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0010 ISK (High: 0.0134 / Low: 0.0123). On the other end, February was the most stable month, with a tight range of 0.0003 ISK (High: 0.0114 / Low: 0.0111).

October Spread (Volatile) ±0.0010
February Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0135) against the same month in 2017 (average: 0.0115), the exchange rate shifted by +0.0019 (+16.86%).

2018 Avg (November) 0.0135
2017 Avg (November) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0111 0.0114
February 0.0114 0.0111 0.0112
March 0.0112 0.0109 0.0110
April 0.0112 0.0109 0.0110
May 0.0118 0.0113 0.0115
June 0.0121 0.0116 0.0118
July 0.0119 0.0116 0.0118
August 0.0121 0.0117 0.0119
September 0.0125 0.0119 0.0122
October 0.0134 0.0123 0.0129
November 0.0138 0.0133 0.0135
December 0.0136 0.0126 0.0132