YEARLY HIGH
1.2045 ISK
YEARLY LOW
1.0234 ISK
YEARLY AVERAGE
1.0790 ISK

2018 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 1.2045. Conversely, the yearly low was recorded on April 9, dropping to 1.0234.

This high-to-low spread represents a total annual volatility of 0.1811 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0566 to the December average rate of 1.1590, the exchange rate registered a net change of 9.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2045 was up 11.76% compared to the 2017 peak of 1.0778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,023 ISK
2017 Average 4,965 ISK
Yearly Trough Low 5,117 ISK
Transaction Impact: A difference of 905.63 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1961
1.0199
JanuMarcMayJulySeptNove

RSD 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 1.0463, compared to 1.1118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0655 points.

H1 Avg (Jan–Jun) 1.0463
H2 Avg (Jul–Dec) 1.1118

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0711 ISK (High: 1.1652 / Low: 1.0941). On the other end, February was the most stable month, with a tight range of 0.0136 ISK (High: 1.0610 / Low: 1.0474).

October Spread (Volatile) ±0.0711
February Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between August and November, 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 0.0224 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.1814) against the same month in 2017 (average: 1.0293), the exchange rate shifted by +0.1521 (+14.77%).

2018 Avg (November) 1.1814
2017 Avg (November) 1.0293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0657 1.0505 1.0566
February 1.0610 1.0474 1.0535
March 1.0511 1.0244 1.0379
April 1.0450 1.0234 1.0346
May 1.0486 1.0287 1.0392
June 1.0733 1.0322 1.0559
July 1.0664 1.0401 1.0547
August 1.0583 1.0399 1.0519
September 1.1145 1.0562 1.0878
October 1.1652 1.0941 1.1359
November 1.2045 1.1650 1.1814
December 1.1850 1.1257 1.1590