YEARLY HIGH
0.0935 MAD
YEARLY LOW
0.0759 MAD
YEARLY AVERAGE
0.0871 MAD

2018 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0935. Conversely, the yearly low was recorded on November 29, dropping to 0.0759.

This high-to-low spread represents a total annual volatility of 0.0176 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0792, the exchange rate registered a net change of -12.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0935 was down 6.19% compared to the 2017 peak of 0.0996, 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 467 MAD
2017 Average 455 MAD
Yearly Trough Low 380 MAD
Transaction Impact: A difference of 87.82 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0940
0.0759
JanuMarcMayJulySeptNove

ISK to MAD 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 0.0909, compared to 0.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0909
H2 Avg (Jul–Dec) 0.0833

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0057 MAD (High: 0.0844 / Low: 0.0786). On the other end, February was the most stable month, with a tight range of 0.0014 MAD (High: 0.0917 / Low: 0.0903).

October Spread (Volatile) ±0.0057
February Spread (Stable) ±0.0014

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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0923) against the same month in 2017 (average: 0.0919), the exchange rate shifted by +0.0004 (+0.45%).

2018 Avg (March) 0.0923
2017 Avg (March) 0.0919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0911 0.0893 0.0901
February 0.0917 0.0903 0.0910
March 0.0935 0.0915 0.0923
April 0.0934 0.0915 0.0925
May 0.0920 0.0895 0.0907
June 0.0909 0.0874 0.0889
July 0.0901 0.0881 0.0888
August 0.0890 0.0874 0.0881
September 0.0876 0.0830 0.0852
October 0.0844 0.0786 0.0810
November 0.0786 0.0759 0.0774
December 0.0822 0.0769 0.0792