YEARLY HIGH
0.1579 MVR
YEARLY LOW
0.1234 MVR
YEARLY AVERAGE
0.1434 MVR

2018 ISK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.1579. Conversely, the yearly low was recorded on November 27, dropping to 0.1234.

This high-to-low spread represents a total annual volatility of 0.0345 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1500 to the December average rate of 0.1283, the exchange rate registered a net change of -14.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1579 was down 1.35% compared to the 2017 peak of 0.1601, 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 790 MVR
2017 Average 725 MVR
Yearly Trough Low 617 MVR
Transaction Impact: A difference of 172.63 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1583
0.1228
JanuMarcMayJulySeptNove

ISK to MVR 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 0.1512, compared to 0.1356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.1512
H2 Avg (Jul–Dec) 0.1356

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0108 MVR (High: 0.1377 / Low: 0.1270). On the other end, February was the most stable month, with a tight range of 0.0038 MVR (High: 0.1544 / Low: 0.1506).

October Spread (Volatile) ±0.0108
February Spread (Stable) ±0.0038

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 0.0078 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1553) against the same month in 2017 (average: 0.1420), the exchange rate shifted by +0.0133 (+9.40%).

2018 Avg (March) 0.1553
2017 Avg (March) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1534 0.1465 0.1500
February 0.1544 0.1506 0.1529
March 0.1579 0.1533 0.1553
April 0.1574 0.1524 0.1549
May 0.1525 0.1456 0.1493
June 0.1482 0.1411 0.1447
July 0.1487 0.1433 0.1449
August 0.1449 0.1410 0.1434
September 0.1436 0.1358 0.1397
October 0.1377 0.1270 0.1318
November 0.1282 0.1234 0.1257
December 0.1331 0.1247 0.1283