YEARLY HIGH
27.9237 ISK
YEARLY LOW
15.6413 ISK
YEARLY AVERAGE
22.8724 ISK

2018 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 27.9237. Conversely, the yearly low was recorded on August 13, dropping to 15.6413.

This high-to-low spread represents a total annual volatility of 12.2824 ISK. From a start-to-finish perspective, comparing the January average rate of 27.2410 to the December average rate of 22.6895, the exchange rate registered a net change of -16.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 27.9237 was down 12.85% compared to the 2017 peak of 32.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,396,185 ISK
2017 Average 1,463,568 ISK
Yearly Trough Low 782,067 ISK
Transaction Impact: A difference of 614,117.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

28.2145
16.5333
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 25.0913, compared to 20.6535 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 4.4378 points.

H1 Avg (JanтАУJun) 25.0913
H2 Avg (JulтАУDec) 20.6535

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 5.6970 ISK (High: 21.3383 / Low: 15.6413). On the other end, February was the most stable month, with a tight range of 0.3618 ISK (High: 26.8367 / Low: 26.4749).

August Spread (Volatile) ┬▒5.6970
February Spread (Stable) ┬▒0.3618

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 4.0463 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 27.2410) against the same month in 2017 (average: 30.5474), the exchange rate shifted by -3.3063 (-10.82%).

2018 Avg (January) 27.2410
2017 Avg (January) 30.5474

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 27.9237 26.6182 27.2410
February 26.8367 26.4749 26.6712
March 26.4697 24.5863 25.5644
April 24.9828 23.7795 24.5258
May 24.7966 22.2045 23.4773
June 23.6757 22.4851 23.0681
July 23.4330 21.4608 22.3244
August 21.3383 15.6413 18.2780
September 18.4058 16.3282 17.5067
October 22.1839 18.3450 20.1821
November 24.1748 21.9178 22.9404
December 23.6460 21.9692 22.6895