YEARLY HIGH
0.0355 MYR
YEARLY LOW
0.0325 MYR
YEARLY AVERAGE
0.0338 MYR

2019 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0355. Conversely, the yearly low was recorded on July 16, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0030 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0344 to the December average rate of 0.0340, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0355 was down 10.73% compared to the 2018 peak of 0.0398, 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 178 MYR
2018 Average 187 MYR
Yearly Trough Low 163 MYR
Transaction Impact: A difference of 15.02 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0345
0.0329
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0340, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0018 MYR (High: 0.0351 / Low: 0.0333). On the other end, October was the most stable month, with a tight range of 0.0005 MYR (High: 0.0339 / Low: 0.0334).

March Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0344) against the same month in 2018 (average: 0.0385), the exchange rate shifted by -0.0041 (-10.67%).

2019 Avg (January) 0.0344
2018 Avg (January) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0355 0.0338 0.0344
February 0.0344 0.0336 0.0340
March 0.0351 0.0333 0.0340
April 0.0345 0.0332 0.0342
May 0.0342 0.0336 0.0339
June 0.0339 0.0330 0.0333
July 0.0341 0.0325 0.0331
August 0.0347 0.0334 0.0338
September 0.0341 0.0331 0.0335
October 0.0339 0.0334 0.0336
November 0.0344 0.0331 0.0337
December 0.0345 0.0335 0.0340