YEARLY HIGH
0.1182 GHS
YEARLY LOW
0.0403 GHS
YEARLY AVERAGE
0.0440 GHS

2019 ISK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.1182. Conversely, the yearly low was recorded on January 16, dropping to 0.0403.

This high-to-low spread represents a total annual volatility of 0.0779 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0410 to the December average rate of 0.0467, the exchange rate registered a net change of 14.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1182 was up 156.82% compared to the 2018 peak of 0.0460, 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 591 GHS
2018 Average 217 GHS
Yearly Trough Low 201 GHS
Transaction Impact: A difference of 389.57 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0473
0.0404
JanuMarcMayJulySeptNove

ISK to GHS 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 0.0435, compared to 0.0444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0435
H2 Avg (Jul–Dec) 0.0444

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0763 GHS (High: 0.1182 / Low: 0.0419). On the other end, December was the most stable month, with a tight range of 0.0009 GHS (High: 0.0472 / Low: 0.0462).

May Spread (Volatile) ±0.0763
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0448) against the same month in 2018 (average: 0.0440), the exchange rate shifted by +0.0008 (+1.74%).

2019 Avg (May) 0.0448
2018 Avg (May) 0.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0419 0.0403 0.0410
February 0.0460 0.0415 0.0439
March 0.0480 0.0419 0.0452
April 0.0450 0.0418 0.0430
May 0.1182 0.0419 0.0448
June 0.0439 0.0427 0.0433
July 0.0447 0.0424 0.0433
August 0.0445 0.0431 0.0438
September 0.0446 0.0431 0.0439
October 0.0445 0.0433 0.0438
November 0.0462 0.0441 0.0449
December 0.0472 0.0462 0.0467