YEARLY HIGH
24.4694 MNT
YEARLY LOW
19.8123 MNT
YEARLY AVERAGE
22.5554 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 122,347 MNT
2017 Average 114,294 MNT
Yearly Trough Low 99,061 MNT
Transaction Impact: A difference of 23,285.61 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

24.4269
19.8980
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 23.4920
H2 Avg (Jul–Dec) 21.6187

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±2.9123
August Spread (Stable) ±0.6326

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 October and November, when the average rate fell by 0.9685 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9685

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 24.0495
2017 Avg (March) 22.4920

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