YEARLY HIGH
164.6706 ISK
YEARLY LOW
146.7799 ISK
YEARLY AVERAGE
156.5011 ISK

2019 FKP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 164.6706. Conversely, the yearly low was recorded on July 30, dropping to 146.7799.

This high-to-low spread represents a total annual volatility of 17.8907 ISK. From a start-to-finish perspective, comparing the January average rate of 154.4493 to the December average rate of 160.0060, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 164.6706 was up 2.01% compared to the 2018 peak of 161.4252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 823,353 ISK
2018 Average 720,983 ISK
Yearly Trough Low 733,899 ISK
Transaction Impact: A difference of 89,453.64 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

160.9677
149.4272
JanuMarcMayJulySeptNove

FKP 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 156.8355, compared to 156.1667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6688 points.

H1 Avg (Jan–Jun) 156.8355
H2 Avg (Jul–Dec) 156.1667

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 11.9723 ISK (High: 158.7522 / Low: 146.7799). On the other end, June was the most stable month, with a tight range of 3.0678 ISK (High: 159.3745 / Low: 156.3067).

July Spread (Volatile) ±11.9723
June Spread (Stable) ±3.0678

Growth Streaks & Declines

Trends

Between August and December, 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 5.0663 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.0663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 160.0060) against the same month in 2018 (average: 152.6510), the exchange rate shifted by +7.3549 (+4.82%).

2019 Avg (December) 160.0060
2018 Avg (December) 152.6510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 157.8720 147.6137 154.4493
February 159.3446 152.1420 155.8748
March 160.8964 153.8204 157.8701
April 160.5638 155.1140 156.8805
May 160.0156 156.2782 157.8787
June 159.3745 156.3067 158.0595
July 158.7522 146.7799 155.4552
August 153.2160 147.3765 150.3889
September 155.5869 151.3018 154.2988
October 162.0669 152.3313 157.7183
November 160.7741 156.8881 159.1332
December 164.6706 156.5667 160.0060