YEARLY HIGH
0.0117 CAD
YEARLY LOW
0.0104 CAD
YEARLY AVERAGE
0.0108 CAD

2019 ISK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0117. Conversely, the yearly low was recorded on July 14, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0014 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0108, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0117 was down 11.28% compared to the 2018 peak of 0.0132, 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 59 CAD
2018 Average 60 CAD
Yearly Trough Low 52 CAD
Transaction Impact: A difference of 6.77 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0112
0.0104
JanuMarcMayJulySeptNove

ISK to CAD 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 0.0110, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0008 CAD (High: 0.0117 / Low: 0.0109). On the other end, May was the most stable month, with a tight range of 0.0002 CAD (High: 0.0111 / Low: 0.0108).

January Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0111) against the same month in 2018 (average: 0.0121), the exchange rate shifted by -0.0010 (-8.14%).

2019 Avg (January) 0.0111
2018 Avg (January) 0.0121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0109 0.0111
February 0.0112 0.0109 0.0110
March 0.0114 0.0109 0.0112
April 0.0113 0.0108 0.0111
May 0.0111 0.0108 0.0110
June 0.0109 0.0105 0.0107
July 0.0109 0.0104 0.0105
August 0.0109 0.0106 0.0107
September 0.0108 0.0104 0.0106
October 0.0108 0.0105 0.0106
November 0.0109 0.0106 0.0107
December 0.0110 0.0106 0.0108