YEARLY HIGH
0.0689 ISK
YEARLY LOW
0.0640 ISK
YEARLY AVERAGE
0.0665 ISK

2019 BIF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0689. Conversely, the yearly low was recorded on March 16, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.0049 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0650, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0689 was down 1.26% compared to the 2018 peak of 0.0698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344 ISK
2018 Average 304 ISK
Yearly Trough Low 320 ISK
Transaction Impact: A difference of 24.71 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0679
0.0647
JanuMarcMayJulySeptNove

BIF 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 0.0664, compared to 0.0667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0664
H2 Avg (Jul–Dec) 0.0667

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0035 ISK (High: 0.0674 / Low: 0.0640). On the other end, December was the most stable month, with a tight range of 0.0014 ISK (High: 0.0658 / Low: 0.0644).

March Spread (Volatile) ±0.0035
December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0674) against the same month in 2018 (average: 0.0622), the exchange rate shifted by +0.0052 (+8.37%).

2019 Avg (September) 0.0674
2018 Avg (September) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0675 0.0648 0.0663
February 0.0671 0.0649 0.0661
March 0.0674 0.0640 0.0659
April 0.0671 0.0648 0.0658
May 0.0676 0.0661 0.0668
June 0.0686 0.0664 0.0676
July 0.0688 0.0655 0.0676
August 0.0684 0.0657 0.0671
September 0.0689 0.0662 0.0674
October 0.0678 0.0663 0.0670
November 0.0668 0.0649 0.0660
December 0.0658 0.0644 0.0650