YEARLY HIGH
0.0102 BMD
YEARLY LOW
0.0080 BMD
YEARLY AVERAGE
0.0093 BMD

2018 ISK to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0102. Conversely, the yearly low was recorded on November 27, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0022 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0083, the exchange rate registered a net change of -14.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0102 was down 0.33% compared to the 2017 peak of 0.0103, 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 51 BMD
2017 Average 47 BMD
Yearly Trough Low 40 BMD
Transaction Impact: A difference of 11.20 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0102
0.0079
JanuMarcMayJulySeptNove

ISK to BMD 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 0.0098, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0007 BMD (High: 0.0089 / Low: 0.0082). On the other end, February was the most stable month, with a tight range of 0.0003 BMD (High: 0.0100 / Low: 0.0098).

October Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0101) against the same month in 2017 (average: 0.0092), the exchange rate shifted by +0.0009 (+9.75%).

2018 Avg (March) 0.0101
2017 Avg (March) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0100 0.0095 0.0097
February 0.0100 0.0098 0.0099
March 0.0102 0.0099 0.0101
April 0.0102 0.0099 0.0100
May 0.0098 0.0094 0.0096
June 0.0096 0.0092 0.0094
July 0.0096 0.0093 0.0094
August 0.0094 0.0091 0.0093
September 0.0093 0.0088 0.0091
October 0.0089 0.0082 0.0085
November 0.0083 0.0080 0.0081
December 0.0086 0.0081 0.0083