YEARLY HIGH
0.6650 INR
YEARLY LOW
0.5596 INR
YEARLY AVERAGE
0.6334 INR

2018 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.6650. Conversely, the yearly low was recorded on November 29, dropping to 0.5596.

This high-to-low spread represents a total annual volatility of 0.1054 INR. From a start-to-finish perspective, comparing the January average rate of 0.6197 to the December average rate of 0.5873, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6650 was up 0.69% compared to the 2017 peak of 0.6605, 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 3,325 INR
2017 Average 3,056 INR
Yearly Trough Low 2,798 INR
Transaction Impact: A difference of 526.91 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6666
0.5770
JanuMarcMayJulySeptNove

ISK to INR 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 0.6427, compared to 0.6242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.6427
H2 Avg (Jul–Dec) 0.6242

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0490 INR (High: 0.6558 / Low: 0.6068). On the other end, April was the most stable month, with a tight range of 0.0082 INR (High: 0.6620 / Low: 0.6537).

October Spread (Volatile) ±0.0490
April Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0447 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.6531) against the same month in 2017 (average: 0.6058), the exchange rate shifted by +0.0474 (+7.82%).

2018 Avg (September) 0.6531
2017 Avg (September) 0.6058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6335 0.6056 0.6197
February 0.6464 0.6275 0.6384
March 0.6629 0.6463 0.6538
April 0.6620 0.6537 0.6592
May 0.6595 0.6370 0.6501
June 0.6491 0.6218 0.6348
July 0.6589 0.6379 0.6451
August 0.6627 0.6328 0.6460
September 0.6650 0.6344 0.6531
October 0.6558 0.6068 0.6292
November 0.6058 0.5596 0.5845
December 0.6010 0.5654 0.5873