YEARLY HIGH
0.0763 SRD
YEARLY LOW
0.0595 SRD
YEARLY AVERAGE
0.0693 SRD

2018 ISK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0763. Conversely, the yearly low was recorded on November 27, dropping to 0.0595.

This high-to-low spread represents a total annual volatility of 0.0168 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0726 to the December average rate of 0.0619, the exchange rate registered a net change of -14.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0763 was down 1.11% compared to the 2017 peak of 0.0772, 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 382 SRD
2017 Average 352 SRD
Yearly Trough Low 298 SRD
Transaction Impact: A difference of 84.02 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0765
0.0592
JanuMarcMayJulySeptNove

ISK to SRD 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 0.0731, compared to 0.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0731
H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0054 SRD (High: 0.0667 / Low: 0.0613). On the other end, February was the most stable month, with a tight range of 0.0019 SRD (High: 0.0749 / Low: 0.0730).

October Spread (Volatile) ±0.0054
February Spread (Stable) ±0.0019

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 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0751) against the same month in 2017 (average: 0.0691), the exchange rate shifted by +0.0060 (+8.63%).

2018 Avg (March) 0.0751
2017 Avg (March) 0.0691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0744 0.0710 0.0726
February 0.0749 0.0730 0.0740
March 0.0763 0.0741 0.0751
April 0.0760 0.0736 0.0750
May 0.0735 0.0701 0.0719
June 0.0714 0.0684 0.0699
July 0.0714 0.0694 0.0700
August 0.0701 0.0681 0.0693
September 0.0693 0.0658 0.0675
October 0.0667 0.0613 0.0637
November 0.0618 0.0595 0.0607
December 0.0642 0.0602 0.0619