YEARLY HIGH
22.2983 MNT
YEARLY LOW
19.4172 MNT
YEARLY AVERAGE
20.9921 MNT

2019 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 22.2983. Conversely, the yearly low was recorded on June 18, dropping to 19.4172.

This high-to-low spread represents a total annual volatility of 2.8811 MNT. From a start-to-finish perspective, comparing the January average rate of 20.5056 to the December average rate of 22.0962, the exchange rate registered a net change of 7.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.2983 was down 8.87% compared to the 2018 peak of 24.4694, 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 111,491 MNT
2018 Average 112,746 MNT
Yearly Trough Low 97,086 MNT
Transaction Impact: A difference of 14,405.61 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.3198
19.6367
JanuMarcMayJulySeptNove

ISK to MNT 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 20.4099, compared to 21.5744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1646 points.

H1 Avg (Jan–Jun) 20.4099
H2 Avg (Jul–Dec) 21.5744

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.9146 MNT (High: 21.3318 / Low: 19.4172). On the other end, October was the most stable month, with a tight range of 0.3650 MNT (High: 21.6129 / Low: 21.2480).

June Spread (Volatile) ±1.9146
October Spread (Stable) ±0.3650

Growth Streaks & Declines

Trends

Between January and April, 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 0.7080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 22.0962) against the same month in 2018 (average: 20.4618), the exchange rate shifted by +1.6343 (+7.99%).

2019 Avg (December) 22.0962
2018 Avg (December) 20.4618

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0839 20.1905 20.5056
February 21.1374 20.2572 20.6505
March 21.5656 20.1474 20.7052
April 21.1399 20.0847 20.7228
May 20.5206 19.7199 20.0148
June 21.3318 19.4172 19.8603
July 22.0636 20.9804 21.3346
August 21.9743 21.1150 21.5265
September 21.6449 20.9944 21.3338
October 21.6129 21.2480 21.4213
November 22.1681 21.4605 21.7341
December 22.2983 21.8715 22.0962