2019 ISK to NGN Historical Review

YEARLY HIGH

3.1198 NGN

YEARLY LOW

2.4528 NGN

YEARLY AVERAGE

2.9390 NGN

2019 ISK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.1198. Conversely, the yearly low was recorded on August 26, dropping to 2.4528.

This high-to-low spread represents a total annual volatility of 0.6670 NGN. From a start-to-finish perspective, comparing the January average rate of 3.0369 to the December average rate of 2.9716, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.1198 was down 15.15% compared to the 2018 peak of 3.6768, 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 15,599 NGN

2018 Average 16,767 NGN

Yearly Trough Low 12,264 NGN

Transaction Impact: A difference of 3,334.95 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.0618

2.7634

JanuMarcMayJulySeptNove

ISK to NGN 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 2.9616, compared to 2.9164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 2.9616

H2 Avg (Jul–Dec) 2.9164

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.5360 NGN (High: 2.9888 / Low: 2.4528). On the other end, October was the most stable month, with a tight range of 0.0473 NGN (High: 2.9341 / Low: 2.8869).

August Spread (Volatile) ±0.5360

October Spread (Stable) ±0.0473

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 0.1450 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 3.0369) against the same month in 2018 (average: 3.5063), the exchange rate shifted by -0.4694 (-13.39%).

2019 Avg (January) 3.0369

2018 Avg (January) 3.5063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1198	2.9901	3.0369
February	3.0424	2.9824	3.0167
March	3.0923	2.9328	3.0049
April	3.0299	2.9330	2.9892
May	2.9661	2.8932	2.9333
June	2.9147	2.4632	2.7883
July	2.9819	2.8423	2.8927
August	2.9888	2.4528	2.9016
September	2.9474	2.8394	2.8955
October	2.9341	2.8869	2.9048
November	2.9870	2.8942	2.9324
December	3.0000	2.9398	2.9716