YEARLY HIGH
0.0061 JOD
YEARLY LOW
0.0056 JOD
YEARLY AVERAGE
0.0058 JOD

2019 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0061. Conversely, the yearly low was recorded on September 3, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0058, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0061 was down 15.95% compared to the 2018 peak of 0.0073, 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 30 JOD
2018 Average 33 JOD
Yearly Trough Low 28 JOD
Transaction Impact: A difference of 2.56 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0060
0.0057
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0059, compared to 0.0057 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) 0.0059
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0003 JOD (High: 0.0061 / Low: 0.0058). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0057 / Low: 0.0057).

March Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0059) against the same month in 2018 (average: 0.0069), the exchange rate shifted by -0.0010 (-14.16%).

2019 Avg (January) 0.0059
2018 Avg (January) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0058 0.0059
February 0.0060 0.0059 0.0059
March 0.0061 0.0058 0.0059
April 0.0060 0.0058 0.0059
May 0.0058 0.0057 0.0058
June 0.0057 0.0056 0.0057
July 0.0059 0.0056 0.0057
August 0.0058 0.0056 0.0057
September 0.0058 0.0056 0.0057
October 0.0057 0.0057 0.0057
November 0.0058 0.0057 0.0057
December 0.0059 0.0057 0.0058