YEARLY HIGH
18.4497 ISK
YEARLY LOW
16.8294 ISK
YEARLY AVERAGE
17.7337 ISK

2019 BOB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 18.4497. Conversely, the yearly low was recorded on January 1, dropping to 16.8294.

This high-to-low spread represents a total annual volatility of 1.6203 ISK. From a start-to-finish perspective, comparing the January average rate of 17.3235 to the December average rate of 17.6543, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.4497 was up 1.72% compared to the 2018 peak of 18.1373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,248 ISK
2018 Average 78,336 ISK
Yearly Trough Low 84,147 ISK
Transaction Impact: A difference of 8,101.38 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.1449
17.2488
JanuMarcMayJulySeptNove

BOB 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 17.5413, compared to 17.9260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3847 points.

H1 Avg (Jan–Jun) 17.5413
H2 Avg (Jul–Dec) 17.9260

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.9006 ISK (High: 17.7653 / Low: 16.8647). On the other end, October was the most stable month, with a tight range of 0.2540 ISK (High: 18.1338 / Low: 17.8798).

March Spread (Volatile) ±0.9006
October Spread (Stable) ±0.2540

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 0.2137 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 18.0702) against the same month in 2018 (average: 15.9710), the exchange rate shifted by +2.0992 (+13.14%).

2019 Avg (September) 18.0702
2018 Avg (September) 15.9710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5775 16.8294 17.3235
February 17.5224 17.1860 17.3365
March 17.7653 16.8647 17.3548
April 17.7778 17.1070 17.4192
May 18.0104 17.5546 17.7748
June 18.2757 17.8652 18.0389
July 18.3294 17.4654 18.0314
August 18.2507 17.5533 17.9178
September 18.4497 17.7979 18.0702
October 18.1338 17.8798 18.0145
November 18.0813 17.5543 17.8681
December 17.8488 17.5115 17.6543