YEARLY HIGH
0.9578 NPR
YEARLY LOW
0.8659 NPR
YEARLY AVERAGE
0.9190 NPR

2019 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.9578. Conversely, the yearly low was recorded on July 9, dropping to 0.8659.

This high-to-low spread represents a total annual volatility of 0.0918 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9442 to the December average rate of 0.9333, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9578 was down 9.87% compared to the 2018 peak of 1.0626, 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 4,789 NPR
2018 Average 5,065 NPR
Yearly Trough Low 4,330 NPR
Transaction Impact: A difference of 459.08 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9562
0.8757
JanuMarcMayJulySeptNove

ISK to NPR 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 0.9242, compared to 0.9137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.9242
H2 Avg (Jul–Dec) 0.9137

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0477 NPR (High: 0.9490 / Low: 0.9014). On the other end, October was the most stable month, with a tight range of 0.0103 NPR (High: 0.9170 / Low: 0.9067).

March Spread (Volatile) ±0.0477
October Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0219 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.9495) against the same month in 2018 (average: 1.0203), the exchange rate shifted by -0.0708 (-6.94%).

2019 Avg (February) 0.9495
2018 Avg (February) 1.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9569 0.9339 0.9442
February 0.9578 0.9349 0.9495
March 0.9490 0.9014 0.9276
April 0.9376 0.9027 0.9232
May 0.9194 0.8972 0.9090
June 0.9037 0.8822 0.8915
July 0.9126 0.8659 0.8824
August 0.9307 0.8985 0.9166
September 0.9320 0.8979 0.9127
October 0.9170 0.9067 0.9122
November 0.9456 0.9095 0.9252
December 0.9448 0.9188 0.9333