YEARLY HIGH
0.0799 NOK
YEARLY LOW
0.0683 NOK
YEARLY AVERAGE
0.0754 NOK

2018 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0799. Conversely, the yearly low was recorded on November 29, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.0116 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0770 to the December average rate of 0.0717, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0799 was down 7.58% compared to the 2017 peak of 0.0864, 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 399 NOK
2017 Average 388 NOK
Yearly Trough Low 341 NOK
Transaction Impact: A difference of 57.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0797
0.0680
JanuMarcMayJulySeptNove

ISK to NOK 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 0.0776, compared to 0.0733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0776
H2 Avg (Jul–Dec) 0.0733

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0061 NOK (High: 0.0752 / Low: 0.0691). On the other end, November was the most stable month, with a tight range of 0.0015 NOK (High: 0.0698 / Low: 0.0683).

December Spread (Volatile) ±0.0061
November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.0788) against the same month in 2017 (average: 0.0779), the exchange rate shifted by +0.0008 (+1.07%).

2018 Avg (April) 0.0788
2017 Avg (April) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0793 0.0762 0.0770
February 0.0781 0.0766 0.0776
March 0.0797 0.0773 0.0781
April 0.0799 0.0779 0.0788
May 0.0794 0.0764 0.0780
June 0.0783 0.0745 0.0760
July 0.0778 0.0750 0.0764
August 0.0787 0.0766 0.0775
September 0.0779 0.0728 0.0748
October 0.0729 0.0688 0.0706
November 0.0698 0.0683 0.0689
December 0.0752 0.0691 0.0717