YEARLY HIGH
15.6364 BIF
YEARLY LOW
14.5147 BIF
YEARLY AVERAGE
15.0308 BIF

2019 ISK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 15.6364. Conversely, the yearly low was recorded on September 8, dropping to 14.5147.

This high-to-low spread represents a total annual volatility of 1.1218 BIF. From a start-to-finish perspective, comparing the January average rate of 15.0836 to the December average rate of 15.3847, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 15.6364 was down 13.45% compared to the 2018 peak of 18.0668, 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 78,182 BIF
2018 Average 82,482 BIF
Yearly Trough Low 72,573 BIF
Transaction Impact: A difference of 5,608.93 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

15.4440
14.7322
JanuMarcMayJulySeptNove

ISK to BIF 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 15.0616, compared to 15.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0615 points.

H1 Avg (Jan–Jun) 15.0616
H2 Avg (Jul–Dec) 15.0000

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.8047 BIF (High: 15.6364 / Low: 14.8317). On the other end, May was the most stable month, with a tight range of 0.3201 BIF (High: 15.1191 / Low: 14.7990).

March Spread (Volatile) ±0.8047
May Spread (Stable) ±0.3201

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 April and May, when the average rate fell by 0.2484 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 15.1870) against the same month in 2018 (average: 17.7561), the exchange rate shifted by -2.5691 (-14.47%).

2019 Avg (March) 15.1870
2018 Avg (March) 17.7561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4294 14.8136 15.0836
February 15.4099 14.8934 15.1376
March 15.6364 14.8317 15.1870
April 15.4269 14.9084 15.2090
May 15.1191 14.7990 14.9606
June 15.0542 14.5685 14.7915
July 15.2681 14.5370 14.7936
August 15.2101 14.6104 14.9078
September 15.1085 14.5147 14.8383
October 15.0925 14.7448 14.9188
November 15.4087 14.9728 15.1570
December 15.5366 15.2069 15.3847