YEARLY HIGH
0.0184 FJD
YEARLY LOW
0.0147 FJD
YEARLY AVERAGE
0.0176 FJD

2019 ISK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0184. Conversely, the yearly low was recorded on September 15, dropping to 0.0147.

This high-to-low spread represents a total annual volatility of 0.0037 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0178, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0184 was down 11.62% compared to the 2018 peak of 0.0208, 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 92 FJD
2018 Average 97 FJD
Yearly Trough Low 74 FJD
Transaction Impact: A difference of 18.53 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0178
0.0171
JanuMarcMayJulySeptNove

ISK to FJD 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 0.0176, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0031 FJD (High: 0.0178 / Low: 0.0147). On the other end, October was the most stable month, with a tight range of 0.0003 FJD (High: 0.0177 / Low: 0.0175).

September Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0177) against the same month in 2018 (average: 0.0197), the exchange rate shifted by -0.0019 (-9.78%).

2019 Avg (January) 0.0177
2018 Avg (January) 0.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0184 0.0174 0.0177
February 0.0179 0.0175 0.0177
March 0.0184 0.0174 0.0178
April 0.0180 0.0173 0.0177
May 0.0177 0.0174 0.0176
June 0.0175 0.0171 0.0173
July 0.0178 0.0169 0.0172
August 0.0179 0.0174 0.0176
September 0.0178 0.0147 0.0174
October 0.0177 0.0175 0.0176
November 0.0181 0.0174 0.0177
December 0.0181 0.0176 0.0178