2018 MZN to ISK Historical Review

YEARLY HIGH

2.0529 ISK

YEARLY LOW

1.5790 ISK

YEARLY AVERAGE

1.7963 ISK

2018 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 2.0529. Conversely, the yearly low was recorded on March 26, dropping to 1.5790.

This high-to-low spread represents a total annual volatility of 0.4740 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7390 to the December average rate of 1.9753, the exchange rate registered a net change of 13.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0529 was up 14.01% compared to the 2017 peak of 1.8007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,265 ISK

2017 Average 8,322 ISK

Yearly Trough Low 7,895 ISK

Transaction Impact: A difference of 2,369.87 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0610

1.5666

JanuMarcMayJulySeptNove

MZN 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 1.6940, compared to 1.8987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2047 points.

H1 Avg (Jan–Jun) 1.6940

H2 Avg (Jul–Dec) 1.8987

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1629 ISK (High: 2.0059 / Low: 1.8430). On the other end, February was the most stable month, with a tight range of 0.0448 ISK (High: 1.6856 / Low: 1.6408).

October Spread (Volatile) ±0.1629

February Spread (Stable) ±0.0448

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0820 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.0198) against the same month in 2017 (average: 1.7109), the exchange rate shifted by +0.3088 (+18.05%).

2018 Avg (November) 2.0198

2017 Avg (November) 1.7109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7826	1.6704	1.7390
February	1.6856	1.6408	1.6570
March	1.6346	1.5790	1.6078
April	1.6975	1.6073	1.6420
May	1.7734	1.6960	1.7258
June	1.8412	1.7543	1.7922
July	1.8272	1.7733	1.8045
August	1.8856	1.7842	1.8337
September	1.8871	1.7967	1.8261
October	2.0059	1.8430	1.9326
November	2.0529	1.9749	2.0198
December	2.0430	1.9031	1.9753