YEARLY HIGH
0.0760 NOK
YEARLY LOW
0.0677 NOK
YEARLY AVERAGE
0.0718 NOK

2019 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0760. Conversely, the yearly low was recorded on July 11, dropping to 0.0677.

This high-to-low spread represents a total annual volatility of 0.0083 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0715 to the December average rate of 0.0739, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0760 was down 4.86% compared to the 2018 peak of 0.0799, 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 380 NOK
2018 Average 377 NOK
Yearly Trough Low 339 NOK
Transaction Impact: A difference of 41.26 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0745
0.0687
JanuMarcMayJulySeptNove

ISK to NOK 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 0.0711, compared to 0.0725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0711
H2 Avg (Jul–Dec) 0.0725

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0049 NOK (High: 0.0726 / Low: 0.0677). On the other end, October was the most stable month, with a tight range of 0.0016 NOK (High: 0.0743 / Low: 0.0726).

July Spread (Volatile) ±0.0049
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and March, 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 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0740) against the same month in 2018 (average: 0.0689), the exchange rate shifted by +0.0051 (+7.37%).

2019 Avg (November) 0.0740
2018 Avg (November) 0.0689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0745 0.0701 0.0715
February 0.0728 0.0704 0.0716
March 0.0732 0.0701 0.0718
April 0.0724 0.0699 0.0711
May 0.0719 0.0702 0.0712
June 0.0708 0.0682 0.0692
July 0.0726 0.0677 0.0692
August 0.0735 0.0714 0.0725
September 0.0737 0.0709 0.0722
October 0.0743 0.0726 0.0734
November 0.0760 0.0731 0.0740
December 0.0759 0.0725 0.0739