YEARLY HIGH
0.0087 ISK
YEARLY LOW
0.0071 ISK
YEARLY AVERAGE
0.0076 ISK

2018 IDR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IDR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0087. Conversely, the yearly low was recorded on March 26, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0016 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0083, the exchange rate registered a net change of 8.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0087 was down 0.90% compared to the 2017 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 86,882 ISK
2017 Average 79,703 ISK
Yearly Trough Low 71,151 ISK
Transaction Impact: A difference of 15,730.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0085
0.0071
JanuMarcMayJulySeptNove

IDR 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 0.0074, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0074
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0007 ISK (High: 0.0087 / Low: 0.0080). On the other end, February was the most stable month, with a tight range of 0.0002 ISK (High: 0.0075 / Low: 0.0074).

November Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0084) against the same month in 2017 (average: 0.0077), the exchange rate shifted by +0.0007 (+8.79%).

2018 Avg (November) 0.0084
2017 Avg (November) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0077
February 0.0075 0.0074 0.0074
March 0.0073 0.0071 0.0072
April 0.0073 0.0071 0.0072
May 0.0076 0.0073 0.0074
June 0.0078 0.0074 0.0076
July 0.0075 0.0073 0.0075
August 0.0076 0.0074 0.0075
September 0.0079 0.0075 0.0077
October 0.0080 0.0074 0.0077
November 0.0087 0.0080 0.0084
December 0.0086 0.0080 0.0083