YEARLY HIGH
16.2224 ISK
YEARLY LOW
14.8405 ISK
YEARLY AVERAGE
15.6420 ISK

2019 HKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 16.2224. Conversely, the yearly low was recorded on March 20, dropping to 14.8405.

This high-to-low spread represents a total annual volatility of 1.3819 ISK. From a start-to-finish perspective, comparing the January average rate of 15.2627 to the December average rate of 15.6354, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 16.2224 was up 1.32% compared to the 2018 peak of 16.0105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 405,560 ISK
2018 Average 345,321 ISK
Yearly Trough Low 371,013 ISK
Transaction Impact: A difference of 34,546.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.0231
15.1935
JanuMarcMayJulySeptNove

HKD 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 15.4562, compared to 15.8278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3716 points.

H1 Avg (Jan–Jun) 15.4562
H2 Avg (Jul–Dec) 15.8278

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.7957 ISK (High: 15.6362 / Low: 14.8405). On the other end, October was the most stable month, with a tight range of 0.2210 ISK (High: 15.9882 / Low: 15.7672).

March Spread (Volatile) ±0.7957
October Spread (Stable) ±0.2210

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1738 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 15.9540) against the same month in 2018 (average: 13.5661), the exchange rate shifted by +2.3879 (+17.60%).

2019 Avg (July) 15.9540
2018 Avg (July) 13.5661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4954 14.8561 15.2627
February 15.4352 15.1401 15.2692
March 15.6362 14.8405 15.2724
April 15.6528 15.1452 15.3570
May 15.8547 15.4570 15.6480
June 16.1344 15.7556 15.9278
July 16.2224 15.4320 15.9540
August 16.0681 15.4553 15.7802
September 16.1838 15.6996 15.9361
October 15.9882 15.7672 15.8816
November 15.9776 15.5025 15.7794
December 15.8478 15.4614 15.6354