YEARLY HIGH
0.0138 ISK
YEARLY LOW
0.0127 ISK
YEARLY AVERAGE
0.0133 ISK

2019 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0138. Conversely, the yearly low was recorded on December 31, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0012 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0129, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0138 was up 0.62% compared to the 2018 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69 ISK
2018 Average 60 ISK
Yearly Trough Low 63 ISK
Transaction Impact: A difference of 5.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0136
0.0128
JanuMarcMayJulySeptNove

GNF 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 0.0132, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0132
H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0011 ISK (High: 0.0138 / Low: 0.0128). On the other end, October was the most stable month, with a tight range of 0.0002 ISK (High: 0.0136 / Low: 0.0134).

November Spread (Volatile) ±0.0011
October Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0132) against the same month in 2018 (average: 0.0135), the exchange rate shifted by -0.0003 (-2.05%).

2019 Avg (November) 0.0132
2018 Avg (November) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0128 0.0131
February 0.0132 0.0129 0.0131
March 0.0135 0.0127 0.0131
April 0.0134 0.0129 0.0131
May 0.0136 0.0131 0.0134
June 0.0137 0.0134 0.0136
July 0.0138 0.0131 0.0135
August 0.0137 0.0132 0.0135
September 0.0138 0.0133 0.0135
October 0.0136 0.0134 0.0135
November 0.0138 0.0128 0.0132
December 0.0130 0.0127 0.0129