2019 ISK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ISK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 78.9550. Conversely, the yearly low was recorded on November 12, dropping to 72.2059.
This high-to-low spread represents a total annual volatility of 6.7492 GNF. From a start-to-finish perspective, comparing the January average rate of 76.5575 to the December average rate of 77.6824, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 78.9550 was down 14.25% compared to the 2018 peak of 92.0766, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ISK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 75.7338, compared to 74.9396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7942 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 6.1977 GNF (High: 78.4036 / Low: 72.2059). On the other end, October was the most stable month, with a tight range of 1.0182 GNF (High: 74.7785 / Low: 73.7604).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 1.3696 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 77.6824) against the same month in 2018 (average: 76.0196), the exchange rate shifted by +1.6628 (+2.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.4165 | 75.2800 | 76.5575 |
| February | 77.5964 | 75.5181 | 76.5627 |
| March | 78.8012 | 74.3463 | 76.6165 |
| April | 77.5339 | 74.5961 | 76.1765 |
| May | 76.0486 | 73.4065 | 74.8070 |
| June | 74.7856 | 72.7282 | 73.6827 |
| July | 76.4516 | 72.6057 | 73.8846 |
| August | 75.9534 | 72.7590 | 74.3371 |
| September | 75.0128 | 72.2129 | 73.8339 |
| October | 74.7785 | 73.7604 | 74.2103 |
| November | 78.4036 | 72.2059 | 75.6895 |
| December | 78.9550 | 76.6292 | 77.6824 |