2018 NZD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 85.7900. Conversely, the yearly low was recorded on May 14, dropping to 71.0918.
This high-to-low spread represents a total annual volatility of 14.6982 ISK. From a start-to-finish perspective, comparing the January average rate of 74.5105 to the December average rate of 82.0182, the exchange rate registered a net change of 10.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 85.7900 was up 1.06% compared to the 2017 peak of 84.8886, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NZD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 73.1332, compared to 76.4366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 7.3556 ISK (High: 85.4133 / Low: 78.0577). On the other end, August was the most stable month, with a tight range of 1.1244 ISK (High: 72.2441 / Low: 71.1198).
Growth Streaks & Declines
TrendsBetween August and November, 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 June and July, when the average rate fell by 1.7820 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 83.2997) against the same month in 2017 (average: 71.7052), the exchange rate shifted by +11.5945 (+16.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.5954 | 73.2882 | 74.5105 |
| February | 74.2452 | 73.0942 | 73.7402 |
| March | 73.2021 | 71.1680 | 72.1509 |
| April | 72.9625 | 71.1917 | 72.1069 |
| May | 73.5456 | 71.0918 | 72.2115 |
| June | 75.4190 | 71.3488 | 74.0790 |
| July | 73.2622 | 71.4566 | 72.2970 |
| August | 72.2441 | 71.1198 | 71.7324 |
| September | 74.3933 | 71.1573 | 72.8624 |
| October | 79.5955 | 73.4122 | 76.4101 |
| November | 85.7900 | 80.4838 | 83.2997 |
| December | 85.4133 | 78.0577 | 82.0182 |