2019 CNY to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CNY to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 18.3853. Conversely, the yearly low was recorded on January 1, dropping to 16.9194.
This high-to-low spread represents a total annual volatility of 1.4659 ISK. From a start-to-finish perspective, comparing the January average rate of 17.6232 to the December average rate of 17.4055, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 18.3853 was up 1.99% compared to the 2018 peak of 18.0258, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
CNY 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 17.8646, compared to 17.6240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2406 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 1.0661 ISK (High: 17.9855 / Low: 16.9194). On the other end, February was the most stable month, with a tight range of 0.3663 ISK (High: 17.9089 / Low: 17.5427).
Growth Streaks & Declines
TrendsBetween January and April, 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 July and August, when the average rate fell by 0.5889 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 18.1159) against the same month in 2018 (average: 15.8549), the exchange rate shifted by +2.2610 (+14.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.9855 | 16.9194 | 17.6232 |
| February | 17.9089 | 17.5427 | 17.7764 |
| March | 18.2881 | 17.3597 | 17.8552 |
| April | 18.3075 | 17.6955 | 17.9381 |
| May | 18.2304 | 17.7595 | 17.9218 |
| June | 18.3058 | 17.8603 | 18.0729 |
| July | 18.3853 | 17.5365 | 18.1159 |
| August | 17.8324 | 17.1943 | 17.5270 |
| September | 17.7650 | 17.2826 | 17.5504 |
| October | 17.7472 | 17.2973 | 17.5517 |
| November | 17.8621 | 17.2568 | 17.5936 |
| December | 17.6713 | 17.1829 | 17.4055 |