YEARLY HIGH
29.9034 ISK
YEARLY LOW
25.1426 ISK
YEARLY AVERAGE
26.7882 ISK

2018 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 29.9034. Conversely, the yearly low was recorded on March 26, dropping to 25.1426.

This high-to-low spread represents a total annual volatility of 4.7608 ISK. From a start-to-finish perspective, comparing the January average rate of 25.9731 to the December average rate of 28.8808, the exchange rate registered a net change of 11.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.9034 was up 13.93% compared to the 2017 peak of 26.2478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 598,067 ISK
2017 Average 496,047 ISK
Yearly Trough Low 502,852 ISK
Transaction Impact: A difference of 95,215.10 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

29.7796
25.0909
JanuMarcMayJulySeptNove

MYR 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 25.9588, compared to 27.6176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6587 points.

H1 Avg (Jan–Jun) 25.9588
H2 Avg (Jul–Dec) 27.6176

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.0546 ISK (High: 29.0764 / Low: 27.0218). On the other end, April was the most stable month, with a tight range of 0.4929 ISK (High: 25.8875 / Low: 25.3946).

October Spread (Volatile) ±2.0546
April Spread (Stable) ±0.4929

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 29.3889) against the same month in 2017 (average: 24.9767), the exchange rate shifted by +4.4122 (+17.67%).

2018 Avg (November) 29.3889
2017 Avg (November) 24.9767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2047 25.4658 25.9731
February 26.1039 25.5755 25.8024
March 25.7691 25.1426 25.4816
April 25.8875 25.3946 25.6270
May 26.7328 25.5314 26.1606
June 27.2659 26.1558 26.7083
July 26.6039 25.8425 26.2992
August 26.7132 25.8494 26.2984
September 27.3651 26.1477 26.6830
October 29.0764 27.0218 28.1551
November 29.9034 28.9522 29.3889
December 29.6781 27.9313 28.8808