YEARLY HIGH
0.5505 ISK
YEARLY LOW
0.2754 ISK
YEARLY AVERAGE
0.3050 ISK

2018 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.5505. Conversely, the yearly low was recorded on March 27, dropping to 0.2754.

This high-to-low spread represents a total annual volatility of 0.2751 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2895 to the December average rate of 0.3375, the exchange rate registered a net change of 16.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5505 was up 68.20% compared to the 2017 peak of 0.3273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,752 ISK
2017 Average 1,481 ISK
Yearly Trough Low 1,377 ISK
Transaction Impact: A difference of 1,375.33 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3508
0.2733
JanuMarcMayJulySeptNove

MRO 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 0.2876, compared to 0.3225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0349 points.

H1 Avg (Jan–Jun) 0.2876
H2 Avg (Jul–Dec) 0.3225

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2367 ISK (High: 0.5505 / Low: 0.3138). On the other end, February was the most stable month, with a tight range of 0.0077 ISK (High: 0.2883 / Low: 0.2806).

October Spread (Volatile) ±0.2367
February Spread (Stable) ±0.0077

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 0.0068 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3429) against the same month in 2017 (average: 0.2922), the exchange rate shifted by +0.0507 (+17.35%).

2018 Avg (October) 0.3429
2017 Avg (October) 0.2922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2969 0.2824 0.2895
February 0.2883 0.2806 0.2841
March 0.2832 0.2754 0.2797
April 0.2853 0.2765 0.2802
May 0.2991 0.2860 0.2920
June 0.3067 0.2938 0.3001
July 0.3018 0.2930 0.2990
August 0.3067 0.2987 0.3019
September 0.3176 0.3015 0.3092
October 0.5505 0.3138 0.3429
November 0.3510 0.3379 0.3444
December 0.3469 0.3254 0.3375