YEARLY HIGH
0.0129 NZD
YEARLY LOW
0.0118 NZD
YEARLY AVERAGE
0.0124 NZD

2019 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0129. Conversely, the yearly low was recorded on July 17, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0011 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0124, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0129 was down 8.12% compared to the 2018 peak of 0.0141, 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 65 NZD
2018 Average 67 NZD
Yearly Trough Low 59 NZD
Transaction Impact: A difference of 5.60 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0127
0.0120
JanuMarcMayJulySeptNove

ISK to NZD 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 0.0123, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0123
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0008 NZD (High: 0.0128 / Low: 0.0120). On the other end, May was the most stable month, with a tight range of 0.0002 NZD (High: 0.0125 / Low: 0.0123).

January Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0127) against the same month in 2018 (average: 0.0131), the exchange rate shifted by -0.0004 (-3.30%).

2019 Avg (October) 0.0127
2018 Avg (October) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0120 0.0123
February 0.0123 0.0121 0.0122
March 0.0125 0.0119 0.0122
April 0.0125 0.0120 0.0124
May 0.0125 0.0123 0.0124
June 0.0124 0.0119 0.0122
July 0.0125 0.0118 0.0120
August 0.0127 0.0124 0.0126
September 0.0129 0.0123 0.0126
October 0.0129 0.0125 0.0127
November 0.0128 0.0125 0.0127
December 0.0128 0.0123 0.0124