2018 RON to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RON to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 30.5526. Conversely, the yearly low was recorded on April 8, dropping to 25.9339.
This high-to-low spread represents a total annual volatility of 4.6188 ISK. From a start-to-finish perspective, comparing the January average rate of 26.9419 to the December average rate of 29.4821, the exchange rate registered a net change of 9.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 30.5526 was up 9.33% compared to the 2017 peak of 27.9448, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
RON 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 26.5783, compared to 28.2522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6739 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 1.7504 ISK (High: 29.5166 / Low: 27.7662). On the other end, February was the most stable month, with a tight range of 0.4588 ISK (High: 26.9661 / Low: 26.5073).
Growth Streaks & Declines
TrendsBetween April and July, 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 November and December, when the average rate fell by 0.5002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 29.9823) against the same month in 2017 (average: 26.4005), the exchange rate shifted by +3.5818 (+13.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.1457 | 26.6050 | 26.9419 |
| February | 26.9661 | 26.5073 | 26.7758 |
| March | 26.5937 | 26.0643 | 26.3209 |
| April | 26.4892 | 25.9339 | 26.2410 |
| May | 26.7679 | 26.0474 | 26.4522 |
| June | 27.1135 | 26.1473 | 26.7380 |
| July | 26.9988 | 26.4669 | 26.7694 |
| August | 26.9594 | 26.3195 | 26.7484 |
| September | 28.4415 | 26.9173 | 27.7049 |
| October | 29.5166 | 27.7662 | 28.8262 |
| November | 30.5526 | 29.5591 | 29.9823 |
| December | 30.1475 | 28.5679 | 29.4821 |