YEARLY HIGH
93.9952 ISK
YEARLY LOW
73.8514 ISK
YEARLY AVERAGE
89.3797 ISK

2019 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 93.9952. Conversely, the yearly low was recorded on January 1, dropping to 73.8514.

This high-to-low spread represents a total annual volatility of 20.1438 ISK. From a start-to-finish perspective, comparing the January average rate of 76.3525 to the December average rate of 89.9575, the exchange rate registered a net change of 17.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 93.9952 was up 4.19% compared to the 2018 peak of 90.2150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469,976 ISK
2018 Average 384,719 ISK
Yearly Trough Low 369,257 ISK
Transaction Impact: A difference of 100,718.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

93.9466
74.7531
JanuMarcMayJulySeptNove

BND 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 87.4564, compared to 91.3031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8468 points.

H1 Avg (Jan–Jun) 87.4564
H2 Avg (Jul–Dec) 91.3031

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 14.6916 ISK (High: 88.5431 / Low: 73.8514). On the other end, October was the most stable month, with a tight range of 2.1879 ISK (High: 91.8029 / Low: 89.6150).

January Spread (Volatile) ±14.6916
October Spread (Stable) ±2.1879

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.4219 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.4219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 92.3471) against the same month in 2018 (average: 74.7932), the exchange rate shifted by +17.5539 (+23.47%).

2019 Avg (September) 92.3471
2018 Avg (September) 74.7932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.5431 73.8514 76.3525
February 89.6758 75.9854 87.3462
March 90.8795 86.2540 88.7438
April 90.9851 87.9986 89.1717
May 92.1149 89.7949 90.8757
June 93.5552 90.1437 92.2482
July 93.5914 89.3958 92.2547
August 93.2890 89.7472 91.5837
September 93.9952 89.1114 92.3471
October 91.8029 89.6150 90.9252
November 91.9677 88.8010 90.7504
December 91.1322 88.7624 89.9575