YEARLY HIGH
1.2895 ISK
YEARLY LOW
1.1930 ISK
YEARLY AVERAGE
1.2406 ISK

2019 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 1.2895. Conversely, the yearly low was recorded on March 17, dropping to 1.1930.

This high-to-low spread represents a total annual volatility of 0.0965 ISK. From a start-to-finish perspective, comparing the January average rate of 1.2362 to the December average rate of 1.2236, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2895 was up 0.31% compared to the 2018 peak of 1.2855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,447 ISK
2018 Average 5,770 ISK
Yearly Trough Low 5,965 ISK
Transaction Impact: A difference of 482.66 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2758
1.2185
JanuMarcMayJulySeptNove

CVE 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 1.2380, compared to 1.2431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 1.2380
H2 Avg (Jul–Dec) 1.2431

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0731 ISK (High: 1.2895 / Low: 1.2164). On the other end, February was the most stable month, with a tight range of 0.0311 ISK (High: 1.2432 / Low: 1.2121).

July Spread (Volatile) ±0.0731
February Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0198 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 1.2665) against the same month in 2018 (average: 1.1257), the exchange rate shifted by +0.1408 (+12.51%).

2019 Avg (July) 1.2665
2018 Avg (July) 1.1257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2541 1.2066 1.2362
February 1.2432 1.2121 1.2306
March 1.2452 1.1930 1.2255
April 1.2467 1.2068 1.2233
May 1.2591 1.2269 1.2417
June 1.2851 1.2473 1.2710
July 1.2895 1.2164 1.2665
August 1.2641 1.2264 1.2466
September 1.2617 1.2177 1.2446
October 1.2595 1.2243 1.2442
November 1.2480 1.2013 1.2333
December 1.2399 1.2002 1.2236