YEARLY HIGH
0.0802 HKD
YEARLY LOW
0.0625 HKD
YEARLY AVERAGE
0.0728 HKD

2018 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0802. Conversely, the yearly low was recorded on November 27, dropping to 0.0625.

This high-to-low spread represents a total annual volatility of 0.0177 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0650, the exchange rate registered a net change of -14.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0802 was up 0.41% compared to the 2017 peak of 0.0799, 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 401 HKD
2017 Average 366 HKD
Yearly Trough Low 312 HKD
Transaction Impact: A difference of 88.65 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0803
0.0622
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0767, compared to 0.0689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0767
H2 Avg (Jul–Dec) 0.0689

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0055 HKD (High: 0.0700 / Low: 0.0645). On the other end, February was the most stable month, with a tight range of 0.0020 HKD (High: 0.0784 / Low: 0.0764).

October Spread (Volatile) ±0.0055
February Spread (Stable) ±0.0020

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 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0788) against the same month in 2017 (average: 0.0711), the exchange rate shifted by +0.0077 (+10.82%).

2018 Avg (March) 0.0788
2017 Avg (March) 0.0711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0779 0.0744 0.0761
February 0.0784 0.0764 0.0775
March 0.0802 0.0776 0.0788
April 0.0798 0.0773 0.0788
May 0.0772 0.0737 0.0756
June 0.0750 0.0718 0.0735
July 0.0751 0.0730 0.0737
August 0.0738 0.0717 0.0729
September 0.0729 0.0692 0.0710
October 0.0700 0.0645 0.0670
November 0.0649 0.0625 0.0637
December 0.0674 0.0631 0.0650