2018 SRD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SRD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 16.8021. Conversely, the yearly low was recorded on March 26, dropping to 13.1026.
This high-to-low spread represents a total annual volatility of 3.6995 ISK. From a start-to-finish perspective, comparing the January average rate of 13.7691 to the December average rate of 16.1568, the exchange rate registered a net change of 17.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 16.8021 was up 7.46% compared to the 2017 peak of 15.6353, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SRD 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 13.6934, compared to 15.3105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6172 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 1.3140 ISK (High: 16.3140 / Low: 15.0000). On the other end, February was the most stable month, with a tight range of 0.3455 ISK (High: 13.7051 / Low: 13.3597).
Growth Streaks & Declines
TrendsBetween 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 0.3267 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 16.4836) against the same month in 2017 (average: 13.9804), the exchange rate shifted by +2.5032 (+17.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.0909 | 13.4440 | 13.7691 |
| February | 13.7051 | 13.3597 | 13.5190 |
| March | 13.5003 | 13.1026 | 13.3215 |
| April | 13.5833 | 13.1655 | 13.3408 |
| May | 14.2595 | 13.6146 | 13.9103 |
| June | 14.6224 | 14.0053 | 14.2994 |
| July | 14.4154 | 14.0145 | 14.2768 |
| August | 14.6768 | 14.2585 | 14.4342 |
| September | 15.2052 | 14.4342 | 14.8085 |
| October | 16.3140 | 15.0000 | 15.7032 |
| November | 16.8021 | 16.1759 | 16.4836 |
| December | 16.6063 | 15.5779 | 16.1568 |