YEARLY HIGH
0.0148 BGN
YEARLY LOW
0.0138 BGN
YEARLY AVERAGE
0.0143 BGN

2019 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0148. Conversely, the yearly low was recorded on July 11, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0010 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0144, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0148 was down 8.21% compared to the 2018 peak of 0.0161, 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 74 BGN
2018 Average 77 BGN
Yearly Trough Low 69 BGN
Transaction Impact: A difference of 5.17 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0145
0.0138
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0143, compared to 0.0142 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) 0.0143
H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0007 BGN (High: 0.0145 / Low: 0.0138). On the other end, May was the most stable month, with a tight range of 0.0003 BGN (High: 0.0144 / Low: 0.0141).

July Spread (Volatile) ±0.0007
May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, 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 (March 2019: 0.0144) against the same month in 2018 (average: 0.0159), the exchange rate shifted by -0.0015 (-9.42%).

2019 Avg (March) 0.0144
2018 Avg (March) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0147 0.0141 0.0143
February 0.0146 0.0143 0.0144
March 0.0148 0.0142 0.0144
April 0.0146 0.0142 0.0145
May 0.0144 0.0141 0.0142
June 0.0142 0.0138 0.0139
July 0.0145 0.0138 0.0140
August 0.0144 0.0141 0.0142
September 0.0145 0.0139 0.0142
October 0.0145 0.0140 0.0142
November 0.0146 0.0142 0.0143
December 0.0146 0.0143 0.0144