YEARLY HIGH
2.5495 ISK
YEARLY LOW
2.3473 ISK
YEARLY AVERAGE
2.4468 ISK

2019 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 2.5495. Conversely, the yearly low was recorded on March 20, dropping to 2.3473.

This high-to-low spread represents a total annual volatility of 0.2022 ISK. From a start-to-finish perspective, comparing the January average rate of 2.4177 to the December average rate of 2.3773, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5495 was up 0.81% compared to the 2018 peak of 2.5290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,747 ISK
2018 Average 11,245 ISK
Yearly Trough Low 11,736 ISK
Transaction Impact: A difference of 1,010.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5282
2.3635
JanuMarcMayJulySeptNove

GMD 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 2.4452, compared to 2.4485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 2.4452
H2 Avg (Jul–Dec) 2.4485

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1224 ISK (High: 2.5386 / Low: 2.4163). On the other end, December was the most stable month, with a tight range of 0.0432 ISK (High: 2.4019 / Low: 2.3587).

July Spread (Volatile) ±0.1224
December Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0416 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.5145) against the same month in 2018 (average: 2.2628), the exchange rate shifted by +0.2517 (+11.12%).

2019 Avg (June) 2.5145
2018 Avg (June) 2.2628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4521 2.3590 2.4177
February 2.4446 2.3980 2.4186
March 2.4696 2.3473 2.4160
April 2.4707 2.3976 2.4298
May 2.5012 2.4400 2.4744
June 2.5495 2.4843 2.5145
July 2.5386 2.4163 2.4998
August 2.4957 2.4222 2.4672
September 2.5182 2.4475 2.4788
October 2.4862 2.4178 2.4547
November 2.4406 2.3712 2.4131
December 2.4019 2.3587 2.3773