YEARLY HIGH
0.0674 HKD
YEARLY LOW
0.0616 HKD
YEARLY AVERAGE
0.0640 HKD

2019 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0674. Conversely, the yearly low was recorded on July 8, dropping to 0.0616.

This high-to-low spread represents a total annual volatility of 0.0057 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0655 to the December average rate of 0.0640, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0674 was down 15.97% compared to the 2018 peak of 0.0802, 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 337 HKD
2018 Average 364 HKD
Yearly Trough Low 308 HKD
Transaction Impact: A difference of 28.70 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0658
0.0624
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0647, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0647
H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0034 HKD (High: 0.0674 / Low: 0.0640). On the other end, October was the most stable month, with a tight range of 0.0009 HKD (High: 0.0634 / Low: 0.0625).

March Spread (Volatile) ±0.0034
October Spread (Stable) ±0.0009

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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0655) against the same month in 2018 (average: 0.0788), the exchange rate shifted by -0.0133 (-16.91%).

2019 Avg (March) 0.0655
2018 Avg (March) 0.0788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0673 0.0645 0.0655
February 0.0660 0.0648 0.0655
March 0.0674 0.0640 0.0655
April 0.0660 0.0639 0.0651
May 0.0647 0.0631 0.0639
June 0.0635 0.0620 0.0628
July 0.0648 0.0616 0.0627
August 0.0647 0.0622 0.0634
September 0.0637 0.0618 0.0628
October 0.0634 0.0625 0.0630
November 0.0645 0.0626 0.0634
December 0.0647 0.0631 0.0640