YEARLY HIGH
0.2639 ETB
YEARLY LOW
0.2255 ETB
YEARLY AVERAGE
0.2384 ETB

2019 ISK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2639. Conversely, the yearly low was recorded on July 9, dropping to 0.2255.

This high-to-low spread represents a total annual volatility of 0.0384 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2370 to the December average rate of 0.2580, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2639 was down 6.27% compared to the 2018 peak of 0.2816, 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 1,319 ETB
2018 Average 1,284 ETB
Yearly Trough Low 1,128 ETB
Transaction Impact: A difference of 191.97 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2606
0.2297
JanuMarcMayJulySeptNove

ISK to ETB 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 0.2366, compared to 0.2402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2366
H2 Avg (Jul–Dec) 0.2402

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0152 ETB (High: 0.2521 / Low: 0.2369). On the other end, October was the most stable month, with a tight range of 0.0052 ETB (High: 0.2392 / Low: 0.2340).

November Spread (Volatile) ±0.0152
October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and April, 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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.2580) against the same month in 2018 (average: 0.2342), the exchange rate shifted by +0.0239 (+10.19%).

2019 Avg (December) 0.2580
2018 Avg (December) 0.2342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2420 0.2333 0.2370
February 0.2407 0.2354 0.2376
March 0.2443 0.2320 0.2382
April 0.2429 0.2336 0.2390
May 0.2389 0.2313 0.2352
June 0.2356 0.2291 0.2323
July 0.2406 0.2255 0.2325
August 0.2385 0.2318 0.2357
September 0.2398 0.2301 0.2353
October 0.2392 0.2340 0.2373
November 0.2521 0.2369 0.2422
December 0.2639 0.2502 0.2580