YEARLY HIGH
30.5526 ISK
YEARLY LOW
25.9339 ISK
YEARLY AVERAGE
27.4153 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 152,763 ISK
2017 Average 131,725 ISK
Yearly Trough Low 129,669 ISK
Transaction Impact: A difference of 23,093.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.3565
25.8668
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 26.5783
H2 Avg (Jul–Dec) 28.2522

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±1.7504
February Spread (Stable) ±0.4588

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5002

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (November) 29.9823
2017 Avg (November) 26.4005

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