YEARLY HIGH
96.5826 ISK
YEARLY LOW
85.4086 ISK
YEARLY AVERAGE
92.3828 ISK

2019 CAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 96.5826. Conversely, the yearly low was recorded on January 1, dropping to 85.4086.

This high-to-low spread represents a total annual volatility of 11.1740 ISK. From a start-to-finish perspective, comparing the January average rate of 89.9843 to the December average rate of 92.6661, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 96.5826 was up 2.48% compared to the 2018 peak of 94.2456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482,913 ISK
2018 Average 417,249 ISK
Yearly Trough Low 427,043 ISK
Transaction Impact: A difference of 55,869.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

95.6938
89.1378
JanuMarcMayJulySeptNove

CAD 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 90.9191, compared to 93.8464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9273 points.

H1 Avg (Jan–Jun) 90.9191
H2 Avg (Jul–Dec) 93.8464

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 6.2465 ISK (High: 91.6551 / Low: 85.4086). On the other end, May was the most stable month, with a tight range of 1.9919 ISK (High: 92.2210 / Low: 90.2291).

January Spread (Volatile) ±6.2465
May Spread (Stable) ±1.9919

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.9388 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.9388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 95.1474) against the same month in 2018 (average: 81.0895), the exchange rate shifted by +14.0579 (+17.34%).

2019 Avg (July) 95.1474
2018 Avg (July) 81.0895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.6551 85.4086 89.9843
February 91.4665 89.3994 90.7728
March 91.9509 87.3508 89.6841
April 92.2826 88.8544 90.0204
May 92.2210 90.2291 91.2599
June 95.2814 91.4044 93.7929
July 96.5826 91.8152 95.1474
August 94.4711 91.7214 93.2087
September 95.9914 92.9644 94.2928
October 95.5710 92.7047 94.4421
November 94.5662 91.3759 93.3215
December 94.1161 91.2660 92.6661