YEARLY HIGH
34.4156 ISK
YEARLY LOW
26.8745 ISK
YEARLY AVERAGE
29.7187 ISK

2018 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 34.4156. Conversely, the yearly low was recorded on March 26, dropping to 26.8745.

This high-to-low spread represents a total annual volatility of 7.5411 ISK. From a start-to-finish perspective, comparing the January average rate of 28.2215 to the December average rate of 33.0428, the exchange rate registered a net change of 17.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 34.4156 was up 7.35% compared to the 2017 peak of 32.0599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172,078 ISK
2017 Average 145,044 ISK
Yearly Trough Low 134,372 ISK
Transaction Impact: A difference of 37,705.56 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

34.4197
26.6745
JanuMarcMayJulySeptNove

QAR 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 28.0820, compared to 31.3555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2735 points.

H1 Avg (Jan–Jun) 28.0820
H2 Avg (Jul–Dec) 31.3555

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.6923 ISK (High: 33.4167 / Low: 30.7244). On the other end, February was the most stable month, with a tight range of 0.7092 ISK (High: 28.1104 / Low: 27.4012).

October Spread (Volatile) ±2.6923
February Spread (Stable) ±0.7092

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 0.7314 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 33.7742) against the same month in 2017 (average: 27.3636), the exchange rate shifted by +6.4106 (+23.43%).

2018 Avg (November) 33.7742
2017 Avg (November) 27.3636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8630 27.5712 28.2215
February 28.1104 27.4012 27.7279
March 27.6902 26.8745 27.3199
April 27.8559 27.0027 27.3622
May 29.2473 27.9242 28.5317
June 29.9918 28.7223 29.3286
July 29.5193 28.7079 29.2413
August 30.0631 29.2063 29.5740
September 31.1453 29.5661 30.3291
October 33.4167 30.7244 32.1714
November 34.4156 33.1337 33.7742
December 34.0153 31.9071 33.0428