YEARLY HIGH
0.0073 GBP
YEARLY LOW
0.0062 GBP
YEARLY AVERAGE
0.0069 GBP

2018 ISK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0073. Conversely, the yearly low was recorded on November 13, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0011 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0066, the exchange rate registered a net change of -6.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0073 was down 8.29% compared to the 2017 peak of 0.0080, 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 37 GBP
2017 Average 36 GBP
Yearly Trough Low 31 GBP
Transaction Impact: A difference of 5.56 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0073
0.0062
JanuMarcMayJulySeptNove

ISK to GBP 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 0.0071, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0005 GBP (High: 0.0069 / Low: 0.0064). On the other end, March was the most stable month, with a tight range of 0.0001 GBP (High: 0.0072 / Low: 0.0071).

October Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0072) against the same month in 2017 (average: 0.0073), the exchange rate shifted by -0.0001 (-1.00%).

2018 Avg (August) 0.0072
2017 Avg (August) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0069 0.0070
February 0.0072 0.0070 0.0071
March 0.0072 0.0071 0.0072
April 0.0072 0.0070 0.0071
May 0.0073 0.0071 0.0072
June 0.0072 0.0069 0.0070
July 0.0073 0.0070 0.0071
August 0.0073 0.0072 0.0072
September 0.0072 0.0068 0.0069
October 0.0069 0.0064 0.0066
November 0.0064 0.0062 0.0063
December 0.0068 0.0064 0.0066