YEARLY HIGH
19.0171 ISK
YEARLY LOW
17.6779 ISK
YEARLY AVERAGE
18.3764 ISK

2019 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 19.0171. Conversely, the yearly low was recorded on March 17, dropping to 17.6779.

This high-to-low spread represents a total annual volatility of 1.3392 ISK. From a start-to-finish perspective, comparing the January average rate of 18.3047 to the December average rate of 18.1483, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 19.0171 was down 0.33% compared to the 2018 peak of 19.0805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,085 ISK
2018 Average 85,590 ISK
Yearly Trough Low 88,389 ISK
Transaction Impact: A difference of 6,695.98 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.9329
18.0516
JanuMarcMayJulySeptNove

DKK 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 18.3440, compared to 18.4087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0647 points.

H1 Avg (Jan–Jun) 18.3440
H2 Avg (Jul–Dec) 18.4087

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.9798 ISK (High: 19.0171 / Low: 18.0373). On the other end, August was the most stable month, with a tight range of 0.3685 ISK (High: 18.6116 / Low: 18.2430).

July Spread (Volatile) ±0.9798
August Spread (Stable) ±0.3685

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 0.2676 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 18.7198) against the same month in 2018 (average: 16.7030), the exchange rate shifted by +2.0168 (+12.07%).

2019 Avg (July) 18.7198
2018 Avg (July) 16.7030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5646 17.8666 18.3047
February 18.3762 17.9918 18.2252
March 18.4490 17.6779 18.1484
April 18.4409 17.8756 18.1250
May 18.5783 18.1950 18.4013
June 18.9889 18.4960 18.8594
July 19.0171 18.0373 18.7198
August 18.6116 18.2430 18.4522
September 18.6795 18.0396 18.4185
October 18.6503 18.1493 18.4426
November 18.4587 17.8954 18.2708
December 18.3611 17.8801 18.1483