YEARLY HIGH
0.0504 TRY
YEARLY LOW
0.0431 TRY
YEARLY AVERAGE
0.0464 TRY

2019 ISK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0504. Conversely, the yearly low was recorded on January 31, dropping to 0.0431.

This high-to-low spread represents a total annual volatility of 0.0073 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0448 to the December average rate of 0.0480, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0504 was down 21.21% compared to the 2018 peak of 0.0639, 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 252 TRY
2018 Average 223 TRY
Yearly Trough Low 215 TRY
Transaction Impact: A difference of 36.39 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0497
0.0435
JanuMarcMayJulySeptNove

ISK to TRY 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 0.0464, compared to 0.0463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0464
H2 Avg (Jul–Dec) 0.0463

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0042 TRY (High: 0.0491 / Low: 0.0449). On the other end, October was the most stable month, with a tight range of 0.0013 TRY (High: 0.0473 / Low: 0.0460).

April Spread (Volatile) ±0.0042
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, 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 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0492) against the same month in 2018 (average: 0.0426), the exchange rate shifted by +0.0066 (+15.37%).

2019 Avg (May) 0.0492
2018 Avg (May) 0.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0468 0.0431 0.0448
February 0.0448 0.0433 0.0440
March 0.0482 0.0441 0.0458
April 0.0491 0.0449 0.0479
May 0.0504 0.0472 0.0492
June 0.0473 0.0460 0.0466
July 0.0468 0.0446 0.0455
August 0.0470 0.0447 0.0456
September 0.0463 0.0449 0.0457
October 0.0473 0.0460 0.0465
November 0.0474 0.0460 0.0465
December 0.0491 0.0471 0.0480