YEARLY HIGH
0.0650 CNY
YEARLY LOW
0.0555 CNY
YEARLY AVERAGE
0.0613 CNY

2018 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0650. Conversely, the yearly low was recorded on November 27, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0095 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0626 to the December average rate of 0.0572, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0650 was down 7.00% compared to the 2017 peak of 0.0698, 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 325 CNY
2017 Average 317 CNY
Yearly Trough Low 277 CNY
Transaction Impact: A difference of 47.42 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0643
0.0557
JanuMarcMayJulySeptNove

ISK to CNY 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 0.0623, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0623
H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0041 CNY (High: 0.0614 / Low: 0.0573). On the other end, January was the most stable month, with a tight range of 0.0009 CNY (High: 0.0630 / Low: 0.0621).

October Spread (Volatile) ±0.0041
January Spread (Stable) ±0.0009

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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0631) against the same month in 2017 (average: 0.0649), the exchange rate shifted by -0.0019 (-2.85%).

2018 Avg (July) 0.0631
2017 Avg (July) 0.0649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0630 0.0621 0.0626
February 0.0634 0.0614 0.0626
March 0.0642 0.0631 0.0636
April 0.0641 0.0625 0.0632
May 0.0625 0.0601 0.0613
June 0.0628 0.0592 0.0606
July 0.0650 0.0619 0.0631
August 0.0642 0.0628 0.0636
September 0.0635 0.0605 0.0621
October 0.0614 0.0573 0.0591
November 0.0574 0.0555 0.0564
December 0.0592 0.0555 0.0572