YEARLY HIGH
0.0145 BND
YEARLY LOW
0.0111 BND
YEARLY AVERAGE
0.0130 BND

2018 ISK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0145. Conversely, the yearly low was recorded on November 18, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0034 BND. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0130, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0145 was up 2.04% compared to the 2017 peak of 0.0142, 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 72 BND
2017 Average 65 BND
Yearly Trough Low 55 BND
Transaction Impact: A difference of 16.85 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0142
0.0116
JanuMarcMayJulySeptNove

ISK to BND 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 0.0131, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0024 BND (High: 0.0136 / Low: 0.0112). On the other end, February was the most stable month, with a tight range of 0.0002 BND (High: 0.0132 / Low: 0.0130).

December Spread (Volatile) ±0.0024
February Spread (Stable) ±0.0002

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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0133) against the same month in 2017 (average: 0.0132), the exchange rate shifted by +0.0002 (+1.43%).

2018 Avg (July) 0.0133
2017 Avg (July) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0130 0.0127 0.0129
February 0.0132 0.0130 0.0131
March 0.0134 0.0131 0.0132
April 0.0133 0.0131 0.0132
May 0.0143 0.0127 0.0130
June 0.0142 0.0124 0.0134
July 0.0145 0.0125 0.0133
August 0.0142 0.0127 0.0140
September 0.0140 0.0124 0.0134
October 0.0126 0.0114 0.0120
November 0.0128 0.0111 0.0118
December 0.0136 0.0112 0.0130