2018 SEK to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SEK to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SEK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 13.7782. Conversely, the yearly low was recorded on May 2, dropping to 11.4661.
This high-to-low spread represents a total annual volatility of 2.3121 ISK. From a start-to-finish perspective, comparing the January average rate of 12.7679 to the December average rate of 13.3317, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 13.7782 was up 2.16% compared to the 2017 peak of 13.4866, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SEK 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 12.1922, compared to 12.6846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4924 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.8570 ISK (High: 12.6253 / Low: 11.7683). On the other end, January was the most stable month, with a tight range of 0.2169 ISK (High: 12.8579 / Low: 12.6410).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.4751 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 13.5685) against the same month in 2017 (average: 12.4256), the exchange rate shifted by +1.1429 (+9.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.8579 | 12.6410 | 12.7679 |
| February | 12.7255 | 12.2349 | 12.5471 |
| March | 12.2280 | 11.8088 | 12.0721 |
| April | 11.8805 | 11.5668 | 11.7722 |
| May | 12.1195 | 11.4661 | 11.8679 |
| June | 12.3666 | 11.7877 | 12.1258 |
| July | 12.2806 | 11.8086 | 12.0651 |
| August | 12.0738 | 11.6799 | 11.8676 |
| September | 12.6253 | 11.7683 | 12.3288 |
| October | 13.3068 | 12.4657 | 12.9462 |
| November | 13.7782 | 13.3458 | 13.5685 |
| December | 13.6668 | 12.8765 | 13.3317 |