YEARLY HIGH
74.5669 ISK
YEARLY LOW
68.3585 ISK
YEARLY AVERAGE
71.9861 ISK

2019 AZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 74.5669. Conversely, the yearly low was recorded on January 1, dropping to 68.3585.

This high-to-low spread represents a total annual volatility of 6.2084 ISK. From a start-to-finish perspective, comparing the January average rate of 70.2959 to the December average rate of 71.6764, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 74.5669 was up 1.31% compared to the 2018 peak of 73.6035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 372,834 ISK
2018 Average 318,375 ISK
Yearly Trough Low 341,792 ISK
Transaction Impact: A difference of 31,041.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

73.6515
69.9908
JanuMarcMayJulySeptNove

AZN 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 71.2023, compared to 72.7698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5676 points.

H1 Avg (Jan–Jun) 71.2023
H2 Avg (Jul–Dec) 72.7698

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 3.6770 ISK (High: 72.0998 / Low: 68.4228). On the other end, October was the most stable month, with a tight range of 1.0456 ISK (High: 73.6740 / Low: 72.6284).

March Spread (Volatile) ±3.6770
October Spread (Stable) ±1.0456

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8807 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 73.3464) against the same month in 2018 (average: 64.8705), the exchange rate shifted by +8.4759 (+13.07%).

2019 Avg (September) 73.3464
2018 Avg (September) 64.8705

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.3831 68.3585 70.2959
February 71.1483 69.7915 70.3837
March 72.0998 68.4228 70.4133
April 72.1703 69.8090 70.7638
May 73.0866 71.2246 72.1326
June 74.2262 72.5463 73.2245
July 74.3965 70.9133 73.2066
August 74.0148 71.2072 72.6797
September 74.5669 72.3055 73.3464
October 73.6740 72.6284 73.1529
November 73.4684 71.2834 72.5571
December 72.4993 71.1013 71.6764