YEARLY HIGH
0.0029 ISK
YEARLY LOW
0.0024 ISK
YEARLY AVERAGE
0.0027 ISK

2018 IRR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IRR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0029. Conversely, the yearly low was recorded on July 25, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0006 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0029, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0029 was down 22.41% compared to the 2017 peak of 0.0038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 ISK
2017 Average 16 ISK
Yearly Trough Low 12 ISK
Transaction Impact: A difference of 2.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0029
0.0024
JanuMarcMayJulySeptNove

IRR 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 0.0027, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0003 ISK (High: 0.0028 / Low: 0.0024). On the other end, February was the most stable month, with a tight range of 0.0001 ISK (High: 0.0028 / Low: 0.0027).

May Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0029) against the same month in 2017 (average: 0.0030), the exchange rate shifted by -0.0001 (-3.61%).

2018 Avg (November) 0.0029
2017 Avg (November) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0027 0.0029
February 0.0028 0.0027 0.0027
March 0.0027 0.0026 0.0027
April 0.0027 0.0026 0.0027
May 0.0028 0.0024 0.0026
June 0.0026 0.0025 0.0025
July 0.0025 0.0024 0.0025
August 0.0025 0.0024 0.0025
September 0.0026 0.0025 0.0026
October 0.0029 0.0026 0.0028
November 0.0029 0.0028 0.0029
December 0.0029 0.0028 0.0029