YEARLY HIGH
0.0398 MYR
YEARLY LOW
0.0334 MYR
YEARLY AVERAGE
0.0374 MYR

2018 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0398. Conversely, the yearly low was recorded on November 27, dropping to 0.0334.

This high-to-low spread represents a total annual volatility of 0.0063 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0385 to the December average rate of 0.0346, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0398 was down 9.37% compared to the 2017 peak of 0.0439, 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 199 MYR
2017 Average 202 MYR
Yearly Trough Low 167 MYR
Transaction Impact: A difference of 31.66 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0398
0.0335
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0385, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0385
H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0026 MYR (High: 0.0370 / Low: 0.0344). On the other end, April was the most stable month, with a tight range of 0.0007 MYR (High: 0.0394 / Low: 0.0386).

October Spread (Volatile) ±0.0026
April Spread (Stable) ±0.0007

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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0392) against the same month in 2017 (average: 0.0407), the exchange rate shifted by -0.0014 (-3.47%).

2018 Avg (March) 0.0392
2017 Avg (March) 0.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0393 0.0382 0.0385
February 0.0391 0.0383 0.0388
March 0.0398 0.0388 0.0392
April 0.0394 0.0386 0.0390
May 0.0392 0.0374 0.0382
June 0.0382 0.0367 0.0374
July 0.0387 0.0376 0.0380
August 0.0387 0.0374 0.0380
September 0.0382 0.0365 0.0375
October 0.0370 0.0344 0.0355
November 0.0345 0.0334 0.0340
December 0.0358 0.0337 0.0346