YEARLY HIGH
0.0141 NZD
YEARLY LOW
0.0117 NZD
YEARLY AVERAGE
0.0134 NZD

2018 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.0141. Conversely, the yearly low was recorded on November 29, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0024 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0134 to the December average rate of 0.0122, the exchange rate registered a net change of -9.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0141 was down 2.52% compared to the 2017 peak of 0.0144, 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 70 NZD
2017 Average 66 NZD
Yearly Trough Low 58 NZD
Transaction Impact: A difference of 12.05 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0141
0.0118
JanuMarcMayJulySeptNove

ISK to NZD 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 0.0137, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0011 NZD (High: 0.0128 / Low: 0.0117). On the other end, February was the most stable month, with a tight range of 0.0002 NZD (High: 0.0137 / Low: 0.0135).

December Spread (Volatile) ±0.0011
February Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0139) against the same month in 2017 (average: 0.0140), the exchange rate shifted by -0.0002 (-1.17%).

2018 Avg (May) 0.0139
2017 Avg (May) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0136 0.0132 0.0134
February 0.0137 0.0135 0.0136
March 0.0141 0.0137 0.0139
April 0.0140 0.0137 0.0139
May 0.0141 0.0136 0.0139
June 0.0140 0.0133 0.0135
July 0.0140 0.0136 0.0138
August 0.0141 0.0138 0.0139
September 0.0141 0.0134 0.0137
October 0.0136 0.0126 0.0131
November 0.0124 0.0117 0.0120
December 0.0128 0.0117 0.0122