YEARLY HIGH
92.0766 GNF
YEARLY LOW
72.6564 GNF
YEARLY AVERAGE
84.0262 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 460,383 GNF
2017 Average 428,265 GNF
Yearly Trough Low 363,282 GNF
Transaction Impact: A difference of 97,101.43 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

92.1946
72.4682
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 88.2396
H2 Avg (Jul–Dec) 79.8128

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±6.3251
February Spread (Stable) ±2.3536

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 4.5133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.5133

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 90.5508
2017 Avg (March) 85.4405

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