YEARLY HIGH
0.6651 AFN
YEARLY LOW
0.6151 AFN
YEARLY AVERAGE
0.6355 AFN

2019 ISK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.6651. Conversely, the yearly low was recorded on September 2, dropping to 0.6151.

This high-to-low spread represents a total annual volatility of 0.0500 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6309 to the December average rate of 0.6437, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6651 was down 6.47% compared to the 2018 peak of 0.7111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,326 AFN
2018 Average 3,354 AFN
Yearly Trough Low 3,075 AFN
Transaction Impact: A difference of 250.17 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6466
0.6232
JanuMarcMayJulySeptNove

ISK to AFN 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 0.6355, compared to 0.6354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.6355
H2 Avg (Jul–Dec) 0.6354

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0343 AFN (High: 0.6529 / Low: 0.6186). On the other end, October was the most stable month, with a tight range of 0.0097 AFN (High: 0.6329 / Low: 0.6232).

August Spread (Volatile) ±0.0343
October Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0098 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.6447) against the same month in 2018 (average: 0.6845), the exchange rate shifted by -0.0398 (-5.82%).

2019 Avg (July) 0.6447
2018 Avg (July) 0.6845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6497 0.6196 0.6309
February 0.6309 0.6160 0.6251
March 0.6499 0.6158 0.6291
April 0.6484 0.6181 0.6414
May 0.6534 0.6314 0.6432
June 0.6539 0.6310 0.6433
July 0.6651 0.6351 0.6447
August 0.6529 0.6186 0.6348
September 0.6361 0.6151 0.6269
October 0.6329 0.6232 0.6284
November 0.6489 0.6252 0.6341
December 0.6500 0.6372 0.6437