YEARLY HIGH
30.5564 MGA
YEARLY LOW
19.8309 MGA
YEARLY AVERAGE
29.6428 MGA

2019 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 30.5564. Conversely, the yearly low was recorded on December 16, dropping to 19.8309.

This high-to-low spread represents a total annual volatility of 10.7255 MGA. From a start-to-finish perspective, comparing the January average rate of 29.7364 to the December average rate of 29.5493, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.5564 was down 7.19% compared to the 2018 peak of 32.9235, 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 152,782 MGA
2018 Average 154,725 MGA
Yearly Trough Low 99,155 MGA
Transaction Impact: A difference of 53,627.66 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.0729
29.1063
JanuMarcMayJulySeptNove

ISK to MGA 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 29.6219, compared to 29.6637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 29.6219
H2 Avg (Jul–Dec) 29.6637

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 10.6844 MGA (High: 30.5153 / Low: 19.8309). On the other end, May was the most stable month, with a tight range of 0.7374 MGA (High: 30.0712 / Low: 29.3338).

December Spread (Volatile) ±10.6844
May Spread (Stable) ±0.7374

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.4106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 29.9681) against the same month in 2018 (average: 30.8095), the exchange rate shifted by -0.8414 (-2.73%).

2019 Avg (September) 29.9681
2018 Avg (September) 30.8095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.1738 29.1281 29.7364
February 30.3958 28.8935 29.5131
March 30.4066 28.9962 29.5519
April 30.5427 29.2389 29.9924
May 30.0712 29.3338 29.6742
June 29.7142 28.7533 29.2636
July 30.3570 28.6031 29.1869
August 30.2055 29.4024 29.8043
September 30.5564 29.2898 29.9681
October 30.1358 29.2135 29.5977
November 30.4446 29.3428 29.8759
December 30.5153 19.8309 29.5493