YEARLY HIGH
0.0076 EUR
YEARLY LOW
0.0070 EUR
YEARLY AVERAGE
0.0073 EUR

2019 ISK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0076. Conversely, the yearly low was recorded on July 13, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0074, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0076 was down 8.05% compared to the 2018 peak of 0.0082, 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 38 EUR
2018 Average 39 EUR
Yearly Trough Low 35 EUR
Transaction Impact: A difference of 2.70 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0074
0.0071
JanuMarcMayJulySeptNove

ISK to EUR 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 0.0073, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0073
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0004 EUR (High: 0.0074 / Low: 0.0070). On the other end, May was the most stable month, with a tight range of 0.0002 EUR (High: 0.0074 / Low: 0.0072).

July Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0074) against the same month in 2018 (average: 0.0081), the exchange rate shifted by -0.0008 (-9.39%).

2019 Avg (March) 0.0074
2018 Avg (March) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0072 0.0073
February 0.0075 0.0073 0.0074
March 0.0076 0.0073 0.0074
April 0.0075 0.0073 0.0074
May 0.0074 0.0072 0.0073
June 0.0072 0.0071 0.0071
July 0.0074 0.0070 0.0072
August 0.0073 0.0072 0.0073
September 0.0074 0.0071 0.0073
October 0.0074 0.0072 0.0073
November 0.0075 0.0073 0.0073
December 0.0075 0.0073 0.0074