2019 ISK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ISK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 14.0669. Conversely, the yearly low was recorded on July 9, dropping to 13.0927.
This high-to-low spread represents a total annual volatility of 0.9742 CDF. From a start-to-finish perspective, comparing the January average rate of 13.6616 to the December average rate of 13.7531, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 14.0669 was down 14.70% compared to the 2018 peak of 16.4913, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ISK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.5422, compared to 13.4360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 0.7471 CDF (High: 14.0669 / Low: 13.3198). On the other end, October was the most stable month, with a tight range of 0.1929 CDF (High: 13.4510 / Low: 13.2581).
Growth Streaks & Declines
TrendsBetween 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 0.2136 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 13.6558) against the same month in 2018 (average: 16.2557), the exchange rate shifted by -2.5999 (-15.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.0666 | 13.4349 | 13.6616 |
| February | 13.7882 | 13.5211 | 13.6700 |
| March | 14.0669 | 13.3198 | 13.6558 |
| April | 13.7988 | 13.3476 | 13.6043 |
| May | 13.5296 | 13.2302 | 13.3906 |
| June | 13.4282 | 13.1010 | 13.2707 |
| July | 13.7427 | 13.0927 | 13.3220 |
| August | 13.6894 | 13.1059 | 13.3940 |
| September | 13.5326 | 13.0952 | 13.3282 |
| October | 13.4510 | 13.2581 | 13.3503 |
| November | 13.7278 | 13.3100 | 13.4686 |
| December | 13.9200 | 13.6110 | 13.7531 |