YEARLY HIGH
0.9158 CVE
YEARLY LOW
0.7779 CVE
YEARLY AVERAGE
0.8686 CVE

2018 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.9158. Conversely, the yearly low was recorded on November 29, dropping to 0.7779.

This high-to-low spread represents a total annual volatility of 0.1379 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8839 to the December average rate of 0.8068, the exchange rate registered a net change of -8.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9158 was down 9.23% compared to the 2017 peak of 1.0089, 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 4,579 CVE
2017 Average 4,601 CVE
Yearly Trough Low 3,889 CVE
Transaction Impact: A difference of 689.49 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9169
0.7790
JanuMarcMayJulySeptNove

ISK to CVE 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 0.8943, compared to 0.8428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0515 points.

H1 Avg (Jan–Jun) 0.8943
H2 Avg (Jul–Dec) 0.8428

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0520 CVE (High: 0.8532 / Low: 0.8012). On the other end, February was the most stable month, with a tight range of 0.0165 CVE (High: 0.8985 / Low: 0.8820).

October Spread (Volatile) ±0.0520
February Spread (Stable) ±0.0165

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 0.0360 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.9054) against the same month in 2017 (average: 0.9364), the exchange rate shifted by -0.0310 (-3.31%).

2018 Avg (April) 0.9054
2017 Avg (April) 0.9364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8915 0.8741 0.8839
February 0.8985 0.8820 0.8879
March 0.9122 0.8921 0.9020
April 0.9158 0.8967 0.9054
May 0.9122 0.8868 0.8992
June 0.9066 0.8722 0.8874
July 0.9022 0.8746 0.8884
August 0.9053 0.8739 0.8898
September 0.8783 0.8407 0.8586
October 0.8532 0.8012 0.8226
November 0.8036 0.7779 0.7905
December 0.8314 0.7862 0.8068