2018 PEN to ISK Historical Review

YEARLY HIGH

37.0574 ISK

YEARLY LOW

30.2835 ISK

YEARLY AVERAGE

32.9046 ISK

2018 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 37.0574. Conversely, the yearly low was recorded on March 19, dropping to 30.2835.

This high-to-low spread represents a total annual volatility of 6.7739 ISK. From a start-to-finish perspective, comparing the January average rate of 31.9435 to the December average rate of 35.8141, the exchange rate registered a net change of 12.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.0574 was up 4.70% compared to the 2017 peak of 35.3924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,287 ISK

2017 Average 163,504 ISK

Yearly Trough Low 151,418 ISK

Transaction Impact: A difference of 33,869.53 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

37.0230

30.0267

JanuMarcMayJulySeptNove

PEN 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 31.4774, compared to 34.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8544 points.

H1 Avg (Jan–Jun) 31.4774

H2 Avg (Jul–Dec) 34.3318

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.4141 ISK (High: 36.8022 / Low: 34.3881). On the other end, March was the most stable month, with a tight range of 0.6134 ISK (High: 30.8970 / Low: 30.2835).

December Spread (Volatile) ±2.4141

March Spread (Stable) ±0.6134

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 January and February, when the average rate fell by 0.8681 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 36.4399) against the same month in 2017 (average: 32.0801), the exchange rate shifted by +4.3598 (+13.59%).

2018 Avg (November) 36.4399

2017 Avg (November) 32.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.6316	31.2383	31.9435
February	31.4354	30.7410	31.0754
March	30.8970	30.2835	30.6098
April	31.3382	30.3588	30.8437
May	32.5018	31.0650	31.7407
June	33.3150	31.9647	32.6514
July	32.8323	31.9337	32.5014
August	33.2968	32.3045	32.7191
September	34.0556	32.5704	33.3713
October	36.2225	33.8243	35.1450
November	37.0574	35.7876	36.4399
December	36.8022	34.3881	35.8141