YEARLY HIGH
13.1741 ISK
YEARLY LOW
10.6985 ISK
YEARLY AVERAGE
11.5218 ISK

2018 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 13.1741. Conversely, the yearly low was recorded on March 27, dropping to 10.6985.

This high-to-low spread represents a total annual volatility of 2.4756 ISK. From a start-to-finish perspective, comparing the January average rate of 11.1022 to the December average rate of 12.6328, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.1741 was up 13.50% compared to the 2017 peak of 11.6074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,871 ISK
2017 Average 54,947 ISK
Yearly Trough Low 53,493 ISK
Transaction Impact: A difference of 12,377.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.1357
10.6033
JanuMarcMayJulySeptNove

MAD 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 11.0010, compared to 12.0427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0417 points.

H1 Avg (Jan–Jun) 11.0010
H2 Avg (Jul–Dec) 12.0427

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.8615 ISK (High: 12.7148 / Low: 11.8532). On the other end, February was the most stable month, with a tight range of 0.1635 ISK (High: 11.0737 / Low: 10.9102).

October Spread (Volatile) ±0.8615
February Spread (Stable) ±0.1635

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2919 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 12.9247) against the same month in 2017 (average: 11.0147), the exchange rate shifted by +1.9100 (+17.34%).

2018 Avg (November) 12.9247
2017 Avg (November) 11.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2029 10.9769 11.1022
February 11.0737 10.9102 10.9849
March 10.9337 10.6985 10.8321
April 10.9280 10.7065 10.8143
May 11.1764 10.8713 11.0268
June 11.4412 11.0068 11.2456
July 11.3547 11.0940 11.2571
August 11.4403 11.2420 11.3521
September 12.0437 11.4090 11.7411
October 12.7148 11.8532 12.3484
November 13.1741 12.7155 12.9247
December 13.0047 12.1591 12.6328