2019 BGN to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BGN to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 72.6081. Conversely, the yearly low was recorded on March 17, dropping to 67.5396.
This high-to-low spread represents a total annual volatility of 5.0686 ISK. From a start-to-finish perspective, comparing the January average rate of 69.8598 to the December average rate of 69.3264, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 72.6081 was down 0.26% compared to the 2018 peak of 72.7944, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BGN 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 69.9993, compared to 70.2861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2868 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 3.6670 ISK (High: 72.6081 / Low: 68.9411). On the other end, May was the most stable month, with a tight range of 1.4353 ISK (High: 70.8724 / Low: 69.4371).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0808 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 71.4643) against the same month in 2018 (average: 63.6382), the exchange rate shifted by +7.8262 (+12.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.8466 | 68.2475 | 69.8598 |
| February | 70.1168 | 68.5742 | 69.5366 |
| March | 70.4566 | 67.5396 | 69.2490 |
| April | 70.4913 | 68.2997 | 69.1434 |
| May | 70.8724 | 69.4371 | 70.2535 |
| June | 72.4944 | 70.6181 | 71.9536 |
| July | 72.6081 | 68.9411 | 71.4643 |
| August | 71.0240 | 69.4403 | 70.3836 |
| September | 71.7448 | 68.8652 | 70.3113 |
| October | 71.2051 | 69.1769 | 70.4179 |
| November | 70.5442 | 68.3630 | 69.8130 |
| December | 70.1466 | 68.3074 | 69.3264 |