YEARLY HIGH
0.0330 PEN
YEARLY LOW
0.0270 PEN
YEARLY AVERAGE
0.0305 PEN

2018 ISK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0330. Conversely, the yearly low was recorded on November 27, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0060 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0279, the exchange rate registered a net change of -10.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0330 was down 1.53% compared to the 2017 peak of 0.0335, 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 165 PEN
2017 Average 153 PEN
Yearly Trough Low 135 PEN
Transaction Impact: A difference of 30.18 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0332
0.0269
JanuMarcMayJulySeptNove

ISK to PEN 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 0.0318, compared to 0.0292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0318
H2 Avg (Jul–Dec) 0.0292

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0020 PEN (High: 0.0296 / Low: 0.0276). On the other end, March was the most stable month, with a tight range of 0.0007 PEN (High: 0.0330 / Low: 0.0324).

October Spread (Volatile) ±0.0020
March 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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0327) against the same month in 2017 (average: 0.0299), the exchange rate shifted by +0.0028 (+9.31%).

2018 Avg (March) 0.0327
2017 Avg (March) 0.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0306 0.0313
February 0.0325 0.0318 0.0322
March 0.0330 0.0324 0.0327
April 0.0329 0.0319 0.0324
May 0.0322 0.0308 0.0315
June 0.0313 0.0300 0.0306
July 0.0313 0.0305 0.0308
August 0.0310 0.0300 0.0306
September 0.0307 0.0294 0.0300
October 0.0296 0.0276 0.0285
November 0.0279 0.0270 0.0274
December 0.0291 0.0272 0.0279