2018 ISK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ISK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 18.0668. Conversely, the yearly low was recorded on November 27, dropping to 14.3318.
This high-to-low spread represents a total annual volatility of 3.7351 BIF. From a start-to-finish perspective, comparing the January average rate of 17.1658 to the December average rate of 15.0092, the exchange rate registered a net change of -12.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 18.0668 was up 2.38% compared to the 2017 peak of 17.6467, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ISK to BIF 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 17.3097, compared to 15.6944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6153 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 1.2026 BIF (High: 15.8982 / Low: 14.6956). On the other end, February was the most stable month, with a tight range of 0.4446 BIF (High: 17.6669 / Low: 17.2223).
Growth Streaks & Declines
TrendsBetween 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 0.7778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 17.7561) against the same month in 2017 (average: 15.5354), the exchange rate shifted by +2.2208 (+14.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.6394 | 16.7065 | 17.1658 |
| February | 17.6669 | 17.2223 | 17.4826 |
| March | 18.0668 | 17.4997 | 17.7561 |
| April | 18.0347 | 17.4168 | 17.7860 |
| May | 17.5167 | 16.6111 | 17.0584 |
| June | 17.0664 | 16.1986 | 16.6092 |
| July | 16.9100 | 16.4443 | 16.6375 |
| August | 16.6926 | 16.1689 | 16.4942 |
| September | 16.4523 | 15.6669 | 16.0809 |
| October | 15.8982 | 14.6956 | 15.3030 |
| November | 14.9444 | 14.3318 | 14.6415 |
| December | 15.5570 | 14.5112 | 15.0092 |