YEARLY HIGH
0.0614 DKK
YEARLY LOW
0.0524 DKK
YEARLY AVERAGE
0.0585 DKK

2018 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.0614. Conversely, the yearly low was recorded on November 29, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0090 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0594 to the December average rate of 0.0545, the exchange rate registered a net change of -8.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0614 was down 9.22% compared to the 2017 peak of 0.0676, 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 307 DKK
2017 Average 309 DKK
Yearly Trough Low 262 DKK
Transaction Impact: A difference of 44.93 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0617
0.0526
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0602, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0602
H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0034 DKK (High: 0.0576 / Low: 0.0542). On the other end, January was the most stable month, with a tight range of 0.0009 DKK (High: 0.0599 / Low: 0.0590).

October Spread (Volatile) ±0.0034
January Spread (Stable) ±0.0009

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 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.0609) against the same month in 2017 (average: 0.0629), the exchange rate shifted by -0.0020 (-3.18%).

2018 Avg (April) 0.0609
2017 Avg (April) 0.0629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0599 0.0590 0.0594
February 0.0603 0.0594 0.0597
March 0.0614 0.0601 0.0607
April 0.0614 0.0604 0.0609
May 0.0613 0.0602 0.0607
June 0.0610 0.0589 0.0598
July 0.0607 0.0592 0.0599
August 0.0607 0.0596 0.0600
September 0.0597 0.0566 0.0580
October 0.0576 0.0542 0.0555
November 0.0541 0.0524 0.0534
December 0.0561 0.0532 0.0545