2018 ISK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ISK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 92.0766. Conversely, the yearly low was recorded on November 29, dropping to 72.6564.
This high-to-low spread represents a total annual volatility of 19.4203 GNF. From a start-to-finish perspective, comparing the January average rate of 87.7026 to the December average rate of 76.0196, the exchange rate registered a net change of -13.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 92.0766 was down 1.53% compared to the 2017 peak of 93.5097, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ISK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 88.2396, compared to 79.8128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.4268 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 6.3251 GNF (High: 81.0789 / Low: 74.7539). On the other end, February was the most stable month, with a tight range of 2.3536 GNF (High: 90.2872 / Low: 87.9336).
Growth Streaks & Declines
TrendsBetween 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 4.5133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 90.5508) against the same month in 2017 (average: 85.4405), the exchange rate shifted by +5.1102 (+5.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.7170 | 85.7165 | 87.7026 |
| February | 90.2872 | 87.9336 | 89.2223 |
| March | 92.0766 | 89.3485 | 90.5508 |
| April | 91.7646 | 88.9284 | 90.5460 |
| May | 88.6926 | 84.5619 | 86.8137 |
| June | 86.4313 | 82.6818 | 84.6022 |
| July | 86.3914 | 84.0127 | 85.0032 |
| August | 85.2370 | 82.6195 | 84.0511 |
| September | 84.0647 | 79.7449 | 82.1022 |
| October | 81.0789 | 74.7539 | 77.5889 |
| November | 75.4170 | 72.6564 | 74.1121 |
| December | 79.1238 | 73.7342 | 76.0196 |