2018 NGN to ISK Historical Review

YEARLY HIGH

0.3443 ISK

YEARLY LOW

0.2720 ISK

YEARLY AVERAGE

0.2994 ISK

2018 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.3443. Conversely, the yearly low was recorded on March 27, dropping to 0.2720.

This high-to-low spread represents a total annual volatility of 0.0723 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2852 to the December average rate of 0.3310, the exchange rate registered a net change of 16.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3443 was down 9.25% compared to the 2017 peak of 0.3794, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 344,258 ISK

2017 Average 321,142 ISK

Yearly Trough Low 271,972 ISK

Transaction Impact: A difference of 72,286.13 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3444

0.2700

JanuMarcMayJulySeptNove

NGN 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 0.2839, compared to 0.3150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.2839

H2 Avg (Jul–Dec) 0.3150

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0271 ISK (High: 0.3346 / Low: 0.3075). On the other end, February was the most stable month, with a tight range of 0.0069 ISK (High: 0.2841 / Low: 0.2771).

October Spread (Volatile) ±0.0271

February Spread (Stable) ±0.0069

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 0.0072 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.3382) against the same month in 2017 (average: 0.2896), the exchange rate shifted by +0.0486 (+16.77%).

2018 Avg (November) 0.3382

2017 Avg (November) 0.2896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2920	0.2789	0.2852
February	0.2841	0.2771	0.2801
March	0.2797	0.2720	0.2762
April	0.2820	0.2732	0.2769
May	0.2959	0.2825	0.2884
June	0.3035	0.2896	0.2964
July	0.2978	0.2892	0.2952
August	0.3036	0.2944	0.2982
September	0.3131	0.2972	0.3050
October	0.3346	0.3075	0.3223
November	0.3443	0.3324	0.3382
December	0.3403	0.3187	0.3310