YEARLY HIGH
32.9235 MGA
YEARLY LOW
28.4717 MGA
YEARLY AVERAGE
30.9488 MGA

2018 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 32.9235. Conversely, the yearly low was recorded on December 12, dropping to 28.4717.

This high-to-low spread represents a total annual volatility of 4.4517 MGA. From a start-to-finish perspective, comparing the January average rate of 31.5683 to the December average rate of 29.4845, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.9235 was up 1.38% compared to the 2017 peak of 32.4758, 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 164,617 MGA
2017 Average 146,581 MGA
Yearly Trough Low 142,359 MGA
Transaction Impact: A difference of 22,258.65 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

32.5871
28.9641
JanuMarcMayJulySeptNove

ISK to MGA 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 31.6302, compared to 30.2675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3627 points.

H1 Avg (Jan–Jun) 31.6302
H2 Avg (Jul–Dec) 30.2675

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 1.9549 MGA (High: 32.7133 / Low: 30.7585). On the other end, November was the most stable month, with a tight range of 0.6484 MGA (High: 29.6154 / Low: 28.9670).

March Spread (Volatile) ±1.9549
November Spread (Stable) ±0.6484

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.9106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 32.2852) against the same month in 2017 (average: 29.0266), the exchange rate shifted by +3.2585 (+11.23%).

2018 Avg (April) 32.2852
2017 Avg (April) 29.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.0240 30.9369 31.5683
February 32.2442 30.7970 31.3902
March 32.7133 30.7585 31.6726
April 32.9235 31.6238 32.2852
May 31.8751 30.7772 31.3745
June 32.1397 30.5894 31.4902
July 32.1410 30.8675 31.4047
August 31.1924 30.2385 30.7289
September 31.4216 29.6380 30.8095
October 30.7213 28.9924 29.9115
November 29.6154 28.9670 29.2660
December 30.3568 28.4717 29.4845