YEARLY HIGH
0.1248 ZAR
YEARLY LOW
0.1103 ZAR
YEARLY AVERAGE
0.1179 ZAR

2019 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.1248. Conversely, the yearly low was recorded on January 31, dropping to 0.1103.

This high-to-low spread represents a total annual volatility of 0.0144 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1156 to the December average rate of 0.1179, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1248 was down 11.49% compared to the 2018 peak of 0.1410, 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 624 ZAR
2018 Average 612 ZAR
Yearly Trough Low 552 ZAR
Transaction Impact: A difference of 72.22 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1237
0.1119
JanuMarcMayJulySeptNove

ISK to ZAR 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 0.1171, compared to 0.1187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1171
H2 Avg (Jul–Dec) 0.1187

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0134 ZAR (High: 0.1237 / Low: 0.1103). On the other end, May was the most stable month, with a tight range of 0.0032 ZAR (High: 0.1192 / Low: 0.1160).

January Spread (Volatile) ±0.0134
May Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1227) against the same month in 2018 (average: 0.1305), the exchange rate shifted by -0.0079 (-6.02%).

2019 Avg (August) 0.1227
2018 Avg (August) 0.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1237 0.1103 0.1156
February 0.1189 0.1113 0.1152
March 0.1241 0.1169 0.1201
April 0.1188 0.1155 0.1174
May 0.1192 0.1160 0.1173
June 0.1216 0.1129 0.1169
July 0.1177 0.1104 0.1129
August 0.1248 0.1188 0.1227
September 0.1230 0.1167 0.1191
October 0.1238 0.1169 0.1196
November 0.1218 0.1182 0.1198
December 0.1218 0.1155 0.1179