2019 ISK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ISK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.2431. Conversely, the yearly low was recorded on July 9, dropping to 11.9111.
This high-to-low spread represents a total annual volatility of 1.3320 MMK. From a start-to-finish perspective, comparing the January average rate of 12.8101 to the December average rate of 12.2894, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 13.2431 was down 10.32% compared to the 2018 peak of 14.7674, 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 MMK 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 12.5947, compared to 12.2449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3499 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 0.8925 MMK (High: 13.2273 / Low: 12.3348). On the other end, December was the most stable month, with a tight range of 0.2479 MMK (High: 12.4251 / Low: 12.1772).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2450 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 12.8101) against the same month in 2018 (average: 13.0959), the exchange rate shifted by -0.2859 (-2.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.2431 | 12.5135 | 12.8101 |
| February | 12.8928 | 12.6269 | 12.7631 |
| March | 13.2273 | 12.3348 | 12.7107 |
| April | 12.7250 | 12.3181 | 12.5911 |
| May | 12.5887 | 12.2732 | 12.4692 |
| June | 12.3679 | 12.0982 | 12.2242 |
| July | 12.4936 | 11.9111 | 12.1326 |
| August | 12.4978 | 12.0359 | 12.2471 |
| September | 12.4443 | 11.9529 | 12.2449 |
| October | 12.3990 | 12.1271 | 12.2887 |
| November | 12.4186 | 12.1372 | 12.2665 |
| December | 12.4251 | 12.1772 | 12.2894 |