YEARLY HIGH
0.4848 GMD
YEARLY LOW
0.3954 GMD
YEARLY AVERAGE
0.4461 GMD

2018 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.4848. Conversely, the yearly low was recorded on November 27, dropping to 0.3954.

This high-to-low spread represents a total annual volatility of 0.0893 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4674 to the December average rate of 0.4107, the exchange rate registered a net change of -12.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4848 was up 2.42% compared to the 2017 peak of 0.4733, 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 2,424 GMD
2017 Average 2,153 GMD
Yearly Trough Low 1,977 GMD
Transaction Impact: A difference of 446.71 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4828
0.3958
JanuMarcMayJulySeptNove

ISK to GMD 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 0.4637, compared to 0.4285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.4637
H2 Avg (Jul–Dec) 0.4285

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0344 GMD (High: 0.4408 / Low: 0.4064). On the other end, August was the most stable month, with a tight range of 0.0124 GMD (High: 0.4520 / Low: 0.4396).

October Spread (Volatile) ±0.0344
August Spread (Stable) ±0.0124

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 April and May, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.4674) against the same month in 2017 (average: 0.3811), the exchange rate shifted by +0.0862 (+22.63%).

2018 Avg (January) 0.4674
2017 Avg (January) 0.3811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4848 0.4535 0.4674
February 0.4803 0.4610 0.4689
March 0.4842 0.4682 0.4756
April 0.4807 0.4643 0.4741
May 0.4636 0.4428 0.4541
June 0.4509 0.4324 0.4420
July 0.4596 0.4397 0.4481
August 0.4520 0.4396 0.4469
September 0.4473 0.4244 0.4396
October 0.4408 0.4064 0.4227
November 0.4099 0.3954 0.4031
December 0.4256 0.4003 0.4107