YEARLY HIGH
142.0341 ISK
YEARLY LOW
131.9272 ISK
YEARLY AVERAGE
137.2369 ISK

2019 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 142.0341. Conversely, the yearly low was recorded on March 17, dropping to 131.9272.

This high-to-low spread represents a total annual volatility of 10.1069 ISK. From a start-to-finish perspective, comparing the January average rate of 136.6606 to the December average rate of 135.5971, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 142.0341 was down 0.24% compared to the 2018 peak of 142.3740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 710,171 ISK
2018 Average 638,061 ISK
Yearly Trough Low 659,636 ISK
Transaction Impact: A difference of 50,534.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

141.4247
134.7805
JanuMarcMayJulySeptNove

EUR 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 136.9593, compared to 137.5145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5552 points.

H1 Avg (Jan–Jun) 136.9593
H2 Avg (Jul–Dec) 137.5145

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 7.3209 ISK (High: 142.0341 / Low: 134.7132). On the other end, May was the most stable month, with a tight range of 2.8699 ISK (High: 138.7106 / Low: 135.8407).

July Spread (Volatile) ±7.3209
May Spread (Stable) ±2.8699

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 1.9647 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 139.7822) against the same month in 2018 (average: 124.5056), the exchange rate shifted by +15.2766 (+12.27%).

2019 Avg (July) 139.7822
2018 Avg (July) 124.5056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 138.5686 133.3893 136.6606
February 137.2035 134.2250 136.0162
March 137.7510 131.9272 135.4481
April 137.6763 133.5206 135.3342
May 138.7106 135.8407 137.4256
June 141.8184 138.3179 140.8710
July 142.0341 134.7132 139.7822
August 139.4540 136.2883 137.8175
September 140.5769 134.6820 137.6110
October 139.3295 135.5234 137.7528
November 137.9278 133.7163 136.5262
December 137.2036 133.6023 135.5971