YEARLY HIGH
0.8383 CVE
YEARLY LOW
0.7755 CVE
YEARLY AVERAGE
0.8063 CVE

2019 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.8383. Conversely, the yearly low was recorded on July 7, dropping to 0.7755.

This high-to-low spread represents a total annual volatility of 0.0628 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8091 to the December average rate of 0.8173, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8383 was down 8.47% compared to the 2018 peak of 0.9158, 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 4,191 CVE
2018 Average 4,342 CVE
Yearly Trough Low 3,878 CVE
Transaction Impact: A difference of 313.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8206
0.7838
JanuMarcMayJulySeptNove

ISK to CVE 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 0.8079, compared to 0.8046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.8079
H2 Avg (Jul–Dec) 0.8046

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0466 CVE (High: 0.8221 / Low: 0.7755). On the other end, February was the most stable month, with a tight range of 0.0206 CVE (High: 0.8250 / Low: 0.8044).

July Spread (Volatile) ±0.0466
February Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0185 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.8162) against the same month in 2018 (average: 0.9020), the exchange rate shifted by -0.0859 (-9.52%).

2019 Avg (March) 0.8162
2018 Avg (March) 0.9020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8288 0.7974 0.8091
February 0.8250 0.8044 0.8127
March 0.8383 0.8031 0.8162
April 0.8286 0.8021 0.8175
May 0.8151 0.7942 0.8054
June 0.8017 0.7781 0.7868
July 0.8221 0.7755 0.7899
August 0.8154 0.7911 0.8022
September 0.8212 0.7926 0.8035
October 0.8168 0.7940 0.8037
November 0.8324 0.8013 0.8109
December 0.8332 0.8065 0.8173