2018 HNL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 HNL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the HNL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 5.3810. Conversely, the yearly low was recorded on March 26, dropping to 4.1409.
This high-to-low spread represents a total annual volatility of 1.2401 ISK. From a start-to-finish perspective, comparing the January average rate of 4.3475 to the December average rate of 4.9680, the exchange rate registered a net change of 14.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 5.3810 was up 5.30% compared to the 2017 peak of 5.1100, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
HNL to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.3117, compared to 4.7352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4235 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.6185 ISK (High: 5.3810 / Low: 4.7625). On the other end, July was the most stable month, with a tight range of 0.1139 ISK (High: 4.4802 / Low: 4.3663).
Growth Streaks & Declines
TrendsBetween 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 0.0965 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 4.9680) against the same month in 2017 (average: 4.4338), the exchange rate shifted by +0.5342 (+12.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4449 | 4.2540 | 4.3475 |
| February | 4.3498 | 4.2229 | 4.2779 |
| March | 4.2672 | 4.1409 | 4.2104 |
| April | 4.2875 | 4.1546 | 4.2090 |
| May | 4.4577 | 4.2914 | 4.3695 |
| June | 4.5588 | 4.3653 | 4.4558 |
| July | 4.4802 | 4.3663 | 4.4397 |
| August | 4.5585 | 4.4282 | 4.4836 |
| September | 4.7113 | 4.4824 | 4.5918 |
| October | 5.0462 | 4.6443 | 4.8635 |
| November | 5.1404 | 4.9856 | 5.0645 |
| December | 5.3810 | 4.7625 | 4.9680 |