YEARLY HIGH
1.2353 PKR
YEARLY LOW
1.0529 PKR
YEARLY AVERAGE
1.1231 PKR

2018 ISK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.2353. Conversely, the yearly low was recorded on January 9, dropping to 1.0529.

This high-to-low spread represents a total annual volatility of 0.1824 PKR. From a start-to-finish perspective, comparing the January average rate of 1.0774 to the December average rate of 1.1545, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2353 was up 15.40% compared to the 2017 peak of 1.0704, 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 6,177 PKR
2017 Average 4,945 PKR
Yearly Trough Low 5,265 PKR
Transaction Impact: A difference of 911.88 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1797
1.0681
JanuMarcMayJulySeptNove

ISK to PKR 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 1.1151, compared to 1.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 1.1151
H2 Avg (Jul–Dec) 1.1311

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1144 PKR (High: 1.2038 / Low: 1.0894). On the other end, February was the most stable month, with a tight range of 0.0274 PKR (High: 1.1090 / Low: 1.0816).

December Spread (Volatile) ±0.1144
February Spread (Stable) ±0.0274

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 April and May, when the average rate fell by 0.0469 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 1.1704) against the same month in 2017 (average: 1.0083), the exchange rate shifted by +0.1620 (+16.07%).

2018 Avg (July) 1.1704
2017 Avg (July) 1.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1011 1.0529 1.0774
February 1.1090 1.0816 1.0962
March 1.1807 1.0979 1.1300
April 1.1750 1.1409 1.1608
May 1.1387 1.0873 1.1139
June 1.1544 1.0821 1.1122
July 1.2353 1.1309 1.1704
August 1.1614 1.1293 1.1452
September 1.1428 1.0857 1.1171
October 1.1461 1.0663 1.1098
November 1.1077 1.0723 1.0898
December 1.2038 1.0894 1.1545