YEARLY HIGH
0.2433 ISK
YEARLY LOW
0.1900 ISK
YEARLY AVERAGE
0.2101 ISK

2018 SYP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SYP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2433. Conversely, the yearly low was recorded on March 26, dropping to 0.1900.

This high-to-low spread represents a total annual volatility of 0.0533 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1995 to the December average rate of 0.2340, the exchange rate registered a net change of 17.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2433 was down 55.40% compared to the 2017 peak of 0.5455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,217 ISK
2017 Average 1,921 ISK
Yearly Trough Low 950 ISK
Transaction Impact: A difference of 266.63 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2433
0.1886
JanuMarcMayJulySeptNove

SYP 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 0.1985, compared to 0.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 0.1985
H2 Avg (Jul–Dec) 0.2217

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0190 ISK (High: 0.2362 / Low: 0.2172). On the other end, February was the most stable month, with a tight range of 0.0050 ISK (High: 0.1987 / Low: 0.1937).

October Spread (Volatile) ±0.0190
February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between 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 0.0047 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.2387) against the same month in 2017 (average: 0.2022), the exchange rate shifted by +0.0365 (+18.06%).

2018 Avg (November) 0.2387
2017 Avg (November) 0.2022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2040 0.1949 0.1995
February 0.1987 0.1937 0.1960
March 0.1958 0.1900 0.1932
April 0.1970 0.1909 0.1935
May 0.2068 0.1973 0.2017
June 0.2121 0.2031 0.2073
July 0.2087 0.2029 0.2067
August 0.2126 0.2065 0.2090
September 0.2202 0.2089 0.2144
October 0.2362 0.2172 0.2274
November 0.2433 0.2343 0.2387
December 0.2405 0.2254 0.2340