YEARLY HIGH
0.0924 ISK
YEARLY LOW
0.0858 ISK
YEARLY AVERAGE
0.0902 ISK

2026 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.0924. Conversely, the yearly low was recorded on January 27, dropping to 0.0858.

This high-to-low spread represents a total annual volatility of 0.0066 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0878 to the December average rate of 0.0906, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.0924 was down 2.44% compared to the 2025 peak of 0.0947, 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 92,427 ISK
2025 Average 84,296 ISK
Yearly Trough Low 85,822 ISK
Transaction Impact: A difference of 6,605.63 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.0919
0.0875
JanuMarcMayJuly

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 0.0900, compared to 0.0910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0900
H2 Avg (Jul–Dec) 0.0910

Volatility Range Comparison

Volatility

The most volatile month in 2026 was February, with a trading range of 0.0039 ISK (High: 0.0917 / Low: 0.0878). On the other end, May was the most stable month, with a tight range of 0.0005 ISK (High: 0.0897 / Low: 0.0892).

February Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2026: 0.0915) against the same month in 2025 (average: 0.0801), the exchange rate shifted by +0.0115 (+14.34%).

2026 Avg (June) 0.0915
2025 Avg (June) 0.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0888 0.0858 0.0878
February 0.0917 0.0878 0.0902
March 0.0922 0.0892 0.0904
April 0.0912 0.0890 0.0903
May 0.0897 0.0892 0.0896
June 0.0924 0.0898 0.0915
July 0.0920 0.0907 0.0914
August 0.0909 0.0904 0.0906