YEARLY HIGH
179.0549 ISK
YEARLY LOW
164.0245 ISK
YEARLY AVERAGE
172.8565 ISK

2019 JOD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 179.0549. Conversely, the yearly low was recorded on January 1, dropping to 164.0245.

This high-to-low spread represents a total annual volatility of 15.0303 ISK. From a start-to-finish perspective, comparing the January average rate of 168.6404 to the December average rate of 172.0916, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 179.0549 was up 1.38% compared to the 2018 peak of 176.6166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 895,274 ISK
2018 Average 762,832 ISK
Yearly Trough Low 820,123 ISK
Transaction Impact: A difference of 75,151.72 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

176.9311
167.8867
JanuMarcMayJulySeptNove

JOD to ISK 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 170.9377, compared to 174.7754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8377 points.

H1 Avg (Jan–Jun) 170.9377
H2 Avg (Jul–Dec) 174.7754

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 8.8286 ISK (High: 173.1301 / Low: 164.3015). On the other end, October was the most stable month, with a tight range of 2.5109 ISK (High: 176.9111 / Low: 174.4002).

March Spread (Volatile) ±8.8286
October Spread (Stable) ±2.5109

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.1450 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.1450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 176.1774) against the same month in 2018 (average: 155.6045), the exchange rate shifted by +20.5729 (+13.22%).

2019 Avg (September) 176.1774
2018 Avg (September) 155.6045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 171.2645 164.0245 168.6404
February 170.7251 167.4693 168.9176
March 173.1301 164.3015 169.0715
April 173.3000 167.7712 169.9447
May 175.5004 171.0288 173.2212
June 178.2369 174.2029 175.8305
July 178.6457 170.2818 175.7961
August 177.7285 170.9874 174.6201
September 179.0549 173.6248 176.1774
October 176.9111 174.4002 175.7303
November 176.4175 171.0500 174.2367
December 174.0903 170.7334 172.0916