YEARLY HIGH
417.9890 IRR
YEARLY LOW
339.1144 IRR
YEARLY AVERAGE
376.5500 IRR

2018 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 417.9890. Conversely, the yearly low was recorded on November 27, dropping to 339.1144.

This high-to-low spread represents a total annual volatility of 78.8746 IRR. From a start-to-finish perspective, comparing the January average rate of 350.9530 to the December average rate of 350.8599, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 417.9890 was up 21.17% compared to the 2017 peak of 344.9576, 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 2,089,945 IRR
2017 Average 1,552,706 IRR
Yearly Trough Low 1,695,572 IRR
Transaction Impact: A difference of 394,372.88 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

412.6129
339.6320
JanuMarcMayJulySeptNove

ISK to IRR 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 376.4688, compared to 376.6311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1624 points.

H1 Avg (Jan–Jun) 376.4688
H2 Avg (Jul–Dec) 376.6311

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 48.5038 IRR (High: 411.0696 / Low: 362.5658). On the other end, February was the most stable month, with a tight range of 9.2484 IRR (High: 370.4109 / Low: 361.1625).

May Spread (Volatile) ±48.5038
February Spread (Stable) ±9.2484

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 27.6482 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -27.6482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 406.5312) against the same month in 2017 (average: 312.7876), the exchange rate shifted by +93.7436 (+29.97%).

2018 Avg (July) 406.5312
2017 Avg (July) 312.7876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 367.5333 341.0597 350.9530
February 370.4109 361.1625 367.1375
March 383.9502 369.9909 376.9438
April 382.8216 369.2138 376.5508
May 411.0696 362.5658 390.4955
June 404.1075 388.8775 396.7322
July 417.9890 398.0002 406.5312
August 412.3293 394.3246 402.4892
September 401.0507 380.6306 390.9205
October 385.8378 349.2780 363.2723
November 352.2504 339.1144 345.7137
December 362.4118 341.2630 350.8599