YEARLY HIGH
0.0505 ISK
YEARLY LOW
0.0409 ISK
YEARLY AVERAGE
0.0445 ISK

2018 MNT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MNT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0505. Conversely, the yearly low was recorded on March 26, dropping to 0.0409.

This high-to-low spread represents a total annual volatility of 0.0096 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0489, the exchange rate registered a net change of 15.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0505 was up 6.56% compared to the 2017 peak of 0.0474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 252 ISK
2017 Average 219 ISK
Yearly Trough Low 204 ISK
Transaction Impact: A difference of 48.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0501
0.0408
JanuMarcMayJulySeptNove

MNT 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 0.0426, compared to 0.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0426
H2 Avg (Jul–Dec) 0.0464

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0062 ISK (High: 0.0494 / Low: 0.0432). On the other end, July was the most stable month, with a tight range of 0.0012 ISK (High: 0.0441 / Low: 0.0428).

June Spread (Volatile) ±0.0062
July Spread (Stable) ±0.0012

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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0489) against the same month in 2017 (average: 0.0431), the exchange rate shifted by +0.0058 (+13.43%).

2018 Avg (December) 0.0489
2017 Avg (December) 0.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0433 0.0415 0.0424
February 0.0426 0.0413 0.0421
March 0.0422 0.0409 0.0416
April 0.0424 0.0411 0.0417
May 0.0443 0.0424 0.0433
June 0.0494 0.0432 0.0446
July 0.0441 0.0428 0.0436
August 0.0448 0.0436 0.0441
September 0.0464 0.0441 0.0452
October 0.0488 0.0452 0.0471
November 0.0501 0.0485 0.0493
December 0.0505 0.0473 0.0489