YEARLY HIGH
0.0073 JOD
YEARLY LOW
0.0057 JOD
YEARLY AVERAGE
0.0066 JOD

2018 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0073. Conversely, the yearly low was recorded on November 27, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0016 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0059, the exchange rate registered a net change of -14.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0073 was down 0.30% compared to the 2017 peak of 0.0073, 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 36 JOD
2017 Average 33 JOD
Yearly Trough Low 28 JOD
Transaction Impact: A difference of 7.96 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0073
0.0056
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0069, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0005 JOD (High: 0.0063 / Low: 0.0058). On the other end, February was the most stable month, with a tight range of 0.0002 JOD (High: 0.0071 / Low: 0.0069).

October Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0071) against the same month in 2017 (average: 0.0065), the exchange rate shifted by +0.0006 (+9.78%).

2018 Avg (March) 0.0071
2017 Avg (March) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0068 0.0069
February 0.0071 0.0069 0.0070
March 0.0073 0.0070 0.0071
April 0.0072 0.0070 0.0071
May 0.0070 0.0067 0.0068
June 0.0068 0.0065 0.0066
July 0.0068 0.0066 0.0067
August 0.0067 0.0065 0.0066
September 0.0066 0.0063 0.0064
October 0.0063 0.0058 0.0061
November 0.0059 0.0057 0.0058
December 0.0061 0.0057 0.0059