YEARLY HIGH
0.9497 ISK
YEARLY LOW
0.8095 ISK
YEARLY AVERAGE
0.8912 ISK

2018 PKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9497. Conversely, the yearly low was recorded on July 25, dropping to 0.8095.

This high-to-low spread represents a total annual volatility of 0.1402 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9283 to the December average rate of 0.8668, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9497 was down 15.25% compared to the 2017 peak of 1.1206, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 474,863 ISK
2017 Average 506,402 ISK
Yearly Trough Low 404,757 ISK
Transaction Impact: A difference of 70,106.59 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9356
0.8480
JanuMarcMayJulySeptNove

PKR 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 0.8975, compared to 0.8850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.8975
H2 Avg (Jul–Dec) 0.8850

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0872 ISK (High: 0.9180 / Low: 0.8307). On the other end, February was the most stable month, with a tight range of 0.0229 ISK (High: 0.9246 / Low: 0.9017).

December Spread (Volatile) ±0.0872
February Spread (Stable) ±0.0229

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 0.0509 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.9283) against the same month in 2017 (average: 1.0919), the exchange rate shifted by -0.1636 (-14.98%).

2018 Avg (January) 0.9283
2017 Avg (January) 1.0919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9497 0.9082 0.9283
February 0.9246 0.9017 0.9123
March 0.9108 0.8470 0.8856
April 0.8765 0.8511 0.8615
May 0.9197 0.8782 0.8979
June 0.9241 0.8662 0.8994
July 0.8842 0.8095 0.8553
August 0.8855 0.8611 0.8733
September 0.9211 0.8750 0.8953
October 0.9379 0.8725 0.9015
November 0.9326 0.9028 0.9177
December 0.9180 0.8307 0.8668