YEARLY HIGH
0.7095 ISK
YEARLY LOW
0.6273 ISK
YEARLY AVERAGE
0.6655 ISK

2018 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.7095. Conversely, the yearly low was recorded on March 26, dropping to 0.6273.

This high-to-low spread represents a total annual volatility of 0.0822 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6681 to the December average rate of 0.6683, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7095 was down 9.45% compared to the 2017 peak of 0.7835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,547 ISK
2017 Average 3,498 ISK
Yearly Trough Low 3,136 ISK
Transaction Impact: A difference of 411.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7037
0.6317
JanuMarcMayJulySeptNove

LKR 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 0.6544, compared to 0.6765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.6544
H2 Avg (Jul–Dec) 0.6765

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0560 ISK (High: 0.6908 / Low: 0.6347). On the other end, April was the most stable month, with a tight range of 0.0110 ISK (High: 0.6438 / Low: 0.6328).

December Spread (Volatile) ±0.0560
April Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0295 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.6977) against the same month in 2017 (average: 0.6781), the exchange rate shifted by +0.0196 (+2.89%).

2018 Avg (November) 0.6977
2017 Avg (November) 0.6781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6836 0.6532 0.6681
February 0.6630 0.6449 0.6520
March 0.6502 0.6273 0.6391
April 0.6438 0.6328 0.6377
May 0.6739 0.6444 0.6579
June 0.6838 0.6597 0.6717
July 0.6768 0.6547 0.6686
August 0.6833 0.6609 0.6715
September 0.6989 0.6494 0.6691
October 0.6993 0.6618 0.6837
November 0.7095 0.6887 0.6977
December 0.6908 0.6347 0.6683