YEARLY HIGH
0.0591 CNY
YEARLY LOW
0.0544 CNY
YEARLY AVERAGE
0.0564 CNY

2019 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0591. Conversely, the yearly low was recorded on July 9, dropping to 0.0544.

This high-to-low spread represents a total annual volatility of 0.0047 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0568 to the December average rate of 0.0575, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0591 was down 9.02% compared to the 2018 peak of 0.0650, 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 296 CNY
2018 Average 306 CNY
Yearly Trough Low 272 CNY
Transaction Impact: A difference of 23.56 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0577
0.0550
JanuMarcMayJulySeptNove

ISK to CNY 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 0.0560, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0035 CNY (High: 0.0591 / Low: 0.0556). On the other end, February was the most stable month, with a tight range of 0.0012 CNY (High: 0.0570 / Low: 0.0558).

January Spread (Volatile) ±0.0035
February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0568) against the same month in 2018 (average: 0.0626), the exchange rate shifted by -0.0058 (-9.27%).

2019 Avg (January) 0.0568
2018 Avg (January) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0591 0.0556 0.0568
February 0.0570 0.0558 0.0563
March 0.0576 0.0547 0.0560
April 0.0565 0.0546 0.0558
May 0.0563 0.0549 0.0558
June 0.0560 0.0546 0.0553
July 0.0570 0.0544 0.0552
August 0.0582 0.0561 0.0571
September 0.0579 0.0563 0.0570
October 0.0578 0.0563 0.0570
November 0.0579 0.0560 0.0568
December 0.0582 0.0566 0.0575