YEARLY HIGH
37.2488 ISK
YEARLY LOW
30.1994 ISK
YEARLY AVERAGE
32.8989 ISK

2018 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 37.2488. Conversely, the yearly low was recorded on March 27, dropping to 30.1994.

This high-to-low spread represents a total annual volatility of 7.0494 ISK. From a start-to-finish perspective, comparing the January average rate of 31.8764 to the December average rate of 35.7932, the exchange rate registered a net change of 12.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.2488 was up 0.76% compared to the 2017 peak of 36.9680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,244 ISK
2017 Average 167,157 ISK
Yearly Trough Low 150,997 ISK
Transaction Impact: A difference of 35,246.82 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

37.2091
30.0999
JanuMarcMayJulySeptNove

PGK 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 31.5442, compared to 34.2537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7095 points.

H1 Avg (Jan–Jun) 31.5442
H2 Avg (Jul–Dec) 34.2537

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.7832 ISK (High: 36.2860 / Low: 33.5028). On the other end, August was the most stable month, with a tight range of 0.8467 ISK (High: 33.0213 / Low: 32.1745).

October Spread (Volatile) ±2.7832
August Spread (Stable) ±0.8467

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 0.8234 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 36.6166) against the same month in 2017 (average: 32.4651), the exchange rate shifted by +4.1515 (+12.79%).

2018 Avg (November) 36.6166
2017 Avg (November) 32.4651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.5029 31.2194 31.8764
February 31.9064 30.9544 31.3851
March 31.4836 30.1994 30.8610
April 31.1722 30.2807 30.6923
May 32.6388 31.1111 31.8161
June 33.4128 31.5320 32.6341
July 32.7349 31.7613 32.3849
August 33.0213 32.1745 32.5314
September 34.1192 32.4758 33.2356
October 36.2860 33.5028 34.9604
November 37.2488 35.9509 36.6166
December 36.8319 34.3160 35.7932