YEARLY HIGH
0.0706 BOB
YEARLY LOW
0.0551 BOB
YEARLY AVERAGE
0.0642 BOB

2018 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0706. Conversely, the yearly low was recorded on November 27, dropping to 0.0551.

This high-to-low spread represents a total annual volatility of 0.0155 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0673 to the December average rate of 0.0574, the exchange rate registered a net change of -14.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0706 was down 0.60% compared to the 2017 peak of 0.0710, 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 353 BOB
2017 Average 326 BOB
Yearly Trough Low 276 BOB
Transaction Impact: A difference of 77.38 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0708
0.0548
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0676, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0676
H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0049 BOB (High: 0.0618 / Low: 0.0569). On the other end, February was the most stable month, with a tight range of 0.0017 BOB (High: 0.0693 / Low: 0.0675).

October Spread (Volatile) ±0.0049
February Spread (Stable) ±0.0017

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 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0695) against the same month in 2017 (average: 0.0634), the exchange rate shifted by +0.0061 (+9.55%).

2018 Avg (March) 0.0695
2017 Avg (March) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0688 0.0657 0.0673
February 0.0693 0.0675 0.0685
March 0.0706 0.0685 0.0695
April 0.0703 0.0681 0.0694
May 0.0680 0.0649 0.0665
June 0.0663 0.0633 0.0647
July 0.0661 0.0643 0.0648
August 0.0650 0.0631 0.0642
September 0.0644 0.0609 0.0626
October 0.0618 0.0569 0.0590
November 0.0573 0.0551 0.0562
December 0.0595 0.0558 0.0574