YEARLY HIGH
176.6166 ISK
YEARLY LOW
137.8550 ISK
YEARLY AVERAGE
152.5092 ISK

2018 JOD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 176.6166. Conversely, the yearly low was recorded on March 26, dropping to 137.8550.

This high-to-low spread represents a total annual volatility of 38.7617 ISK. From a start-to-finish perspective, comparing the January average rate of 144.7733 to the December average rate of 169.7789, the exchange rate registered a net change of 17.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 176.6166 was up 7.20% compared to the 2017 peak of 164.7613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 883,083 ISK
2017 Average 751,761 ISK
Yearly Trough Low 689,275 ISK
Transaction Impact: A difference of 193,808.44 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

176.5665
136.9756
JanuMarcMayJulySeptNove

JOD to ISK 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 144.1072, compared to 160.9111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8039 points.

H1 Avg (Jan–Jun) 144.1072
H2 Avg (Jul–Dec) 160.9111

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 13.8124 ISK (High: 171.4863 / Low: 157.6739). On the other end, February was the most stable month, with a tight range of 3.5957 ISK (High: 144.2153 / Low: 140.6196).

October Spread (Volatile) ±13.8124
February Spread (Stable) ±3.5957

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.4884 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.4884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 173.2673) against the same month in 2017 (average: 146.8545), the exchange rate shifted by +26.4127 (+17.99%).

2018 Avg (November) 173.2673
2017 Avg (November) 146.8545

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 148.0130 141.5075 144.7733
February 144.2153 140.6196 142.3077
March 142.2001 137.8550 140.2748
April 142.9729 138.5759 140.4216
May 150.0910 143.3028 146.4175
June 153.6931 147.4155 150.4485
July 151.4862 147.3142 150.0521
August 154.2768 149.8798 151.7057
September 159.8302 151.7256 155.6045
October 171.4863 157.6739 165.0582
November 176.6166 170.0343 173.2673
December 174.5340 163.7254 169.7789