YEARLY HIGH
0.0828 ISK
YEARLY LOW
0.0644 ISK
YEARLY AVERAGE
0.0715 ISK

2018 LBP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LBP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0828. Conversely, the yearly low was recorded on March 27, dropping to 0.0644.

This high-to-low spread represents a total annual volatility of 0.0184 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0678 to the December average rate of 0.0798, the exchange rate registered a net change of 17.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0828 was up 6.54% compared to the 2017 peak of 0.0777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414 ISK
2017 Average 353 ISK
Yearly Trough Low 322 ISK
Transaction Impact: A difference of 91.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0828
0.0641
JanuMarcMayJulySeptNove

LBP 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 0.0676, compared to 0.0755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.0676
H2 Avg (Jul–Dec) 0.0755

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0064 ISK (High: 0.0804 / Low: 0.0739). On the other end, February was the most stable month, with a tight range of 0.0016 ISK (High: 0.0676 / Low: 0.0660).

October Spread (Volatile) ±0.0064
February Spread (Stable) ±0.0016

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 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0813) against the same month in 2017 (average: 0.0688), the exchange rate shifted by +0.0125 (+18.10%).

2018 Avg (November) 0.0813
2017 Avg (November) 0.0688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0694 0.0664 0.0678
February 0.0676 0.0660 0.0667
March 0.0666 0.0644 0.0657
April 0.0670 0.0651 0.0659
May 0.0702 0.0670 0.0686
June 0.0723 0.0689 0.0706
July 0.0711 0.0691 0.0704
August 0.0724 0.0704 0.0712
September 0.0750 0.0710 0.0730
October 0.0804 0.0739 0.0774
November 0.0828 0.0797 0.0813
December 0.0821 0.0770 0.0798