YEARLY HIGH
0.0594 BOB
YEARLY LOW
0.0542 BOB
YEARLY AVERAGE
0.0564 BOB

2019 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0594. Conversely, the yearly low was recorded on September 8, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0052 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0577 to the December average rate of 0.0566, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0594 was down 15.85% compared to the 2018 peak of 0.0706, 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 297 BOB
2018 Average 321 BOB
Yearly Trough Low 271 BOB
Transaction Impact: A difference of 26.09 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0580
0.0551
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0570, compared to 0.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0570
H2 Avg (Jul–Dec) 0.0558

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0030 BOB (High: 0.0593 / Low: 0.0563). On the other end, October was the most stable month, with a tight range of 0.0008 BOB (High: 0.0559 / Low: 0.0551).

March Spread (Volatile) ±0.0030
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and December, 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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0577) against the same month in 2018 (average: 0.0673), the exchange rate shifted by -0.0096 (-14.21%).

2019 Avg (January) 0.0577
2018 Avg (January) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0594 0.0569 0.0577
February 0.0582 0.0571 0.0577
March 0.0593 0.0563 0.0576
April 0.0585 0.0562 0.0574
May 0.0570 0.0555 0.0563
June 0.0560 0.0547 0.0554
July 0.0573 0.0546 0.0555
August 0.0570 0.0548 0.0558
September 0.0562 0.0542 0.0553
October 0.0559 0.0551 0.0555
November 0.0570 0.0553 0.0560
December 0.0571 0.0560 0.0566