YEARLY HIGH
1.8403 ISK
YEARLY LOW
1.6938 ISK
YEARLY AVERAGE
1.7717 ISK

2019 KGS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KGS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 1.8403. Conversely, the yearly low was recorded on January 1, dropping to 1.6938.

This high-to-low spread represents a total annual volatility of 0.1464 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7420 to the December average rate of 1.7521, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8403 was up 0.90% compared to the 2018 peak of 1.8238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,201 ISK
2018 Average 7,909 ISK
Yearly Trough Low 8,469 ISK
Transaction Impact: A difference of 732.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8203
1.7349
JanuMarcMayJulySeptNove

KGS 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 1.7644, compared to 1.7791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 1.7644
H2 Avg (Jul–Dec) 1.7791

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0903 ISK (High: 1.7865 / Low: 1.6962). On the other end, October was the most stable month, with a tight range of 0.0256 ISK (High: 1.8009 / Low: 1.7753).

March Spread (Volatile) ±0.0903
October Spread (Stable) ±0.0256

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 June and July, when the average rate fell by 0.0216 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.8132) against the same month in 2018 (average: 1.5635), the exchange rate shifted by +0.2497 (+15.97%).

2019 Avg (June) 1.8132
2018 Avg (June) 1.5635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7688 1.6938 1.7420
February 1.7633 1.7301 1.7448
March 1.7865 1.6962 1.7453
April 1.7883 1.7298 1.7539
May 1.8110 1.7649 1.7874
June 1.8403 1.7935 1.8132
July 1.8188 1.7341 1.7916
August 1.8092 1.7404 1.7767
September 1.8222 1.7688 1.7928
October 1.8009 1.7753 1.7881
November 1.7953 1.7419 1.7732
December 1.7718 1.7375 1.7521