YEARLY HIGH
18.0668 BIF
YEARLY LOW
14.3318 BIF
YEARLY AVERAGE
16.5020 BIF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 90,334 BIF
2017 Average 80,929 BIF
Yearly Trough Low 71,659 BIF
Transaction Impact: A difference of 18,675.28 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

18.1005
14.3271
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 17.3097
H2 Avg (Jul–Dec) 15.6944

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±1.2026
February Spread (Stable) ±0.4446

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 0.7778 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7778

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 17.7561
2017 Avg (March) 15.5354

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