2018 ISK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ISK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 24.4694. Conversely, the yearly low was recorded on December 11, dropping to 19.8123.
This high-to-low spread represents a total annual volatility of 4.6571 MNT. From a start-to-finish perspective, comparing the January average rate of 23.5854 to the December average rate of 20.4618, the exchange rate registered a net change of -13.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.4694 was down 0.11% compared to the 2017 peak of 24.4969, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ISK to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.4920, compared to 21.6187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.9123 MNT (High: 23.1617 / Low: 20.2494). On the other end, August was the most stable month, with a tight range of 0.6326 MNT (High: 22.9437 / Low: 22.3111).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.9685 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 24.0495) against the same month in 2017 (average: 22.4920), the exchange rate shifted by +1.5575 (+6.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1000 | 23.0776 | 23.5854 |
| February | 24.2206 | 23.4842 | 23.7774 |
| March | 24.4694 | 23.7142 | 24.0495 |
| April | 24.3084 | 23.5919 | 23.9941 |
| May | 23.5874 | 22.5871 | 23.1152 |
| June | 23.1617 | 20.2494 | 22.4306 |
| July | 23.3464 | 22.6981 | 22.9283 |
| August | 22.9437 | 22.3111 | 22.6868 |
| September | 22.6861 | 21.5359 | 22.1163 |
| October | 22.1074 | 20.4735 | 21.2438 |
| November | 20.6226 | 19.9484 | 20.2754 |
| December | 21.1202 | 19.8123 | 20.4618 |