YEARLY HIGH
0.0161 BGN
YEARLY LOW
0.0137 BGN
YEARLY AVERAGE
0.0154 BGN

2018 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0161. Conversely, the yearly low was recorded on November 29, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0024 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0143, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0161 was down 9.27% compared to the 2017 peak of 0.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 BGN
2017 Average 81 BGN
Yearly Trough Low 69 BGN
Transaction Impact: A difference of 11.96 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0162
0.0138
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0158, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0009 BGN (High: 0.0151 / Low: 0.0142). On the other end, February was the most stable month, with a tight range of 0.0002 BGN (High: 0.0158 / Low: 0.0156).

October Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0159) against the same month in 2017 (average: 0.0168), the exchange rate shifted by -0.0008 (-4.85%).

2018 Avg (March) 0.0159
2017 Avg (March) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0158 0.0155 0.0156
February 0.0158 0.0156 0.0157
March 0.0161 0.0158 0.0159
April 0.0161 0.0158 0.0160
May 0.0161 0.0158 0.0159
June 0.0160 0.0154 0.0157
July 0.0160 0.0155 0.0157
August 0.0159 0.0156 0.0157
September 0.0157 0.0148 0.0152
October 0.0151 0.0142 0.0145
November 0.0142 0.0137 0.0140
December 0.0147 0.0139 0.0143