YEARLY HIGH
417.8973 ISK
YEARLY LOW
383.5489 ISK
YEARLY AVERAGE
403.3281 ISK

2019 KWD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 417.8973. Conversely, the yearly low was recorded on March 17, dropping to 383.5489.

This high-to-low spread represents a total annual volatility of 34.3484 ISK. From a start-to-finish perspective, comparing the January average rate of 394.7964 to the December average rate of 401.9591, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 417.8973 was up 1.47% compared to the 2018 peak of 411.8342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,089,486 ISK
2018 Average 1,791,409 ISK
Yearly Trough Low 1,917,744 ISK
Transaction Impact: A difference of 171,742.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

412.6014
392.9725
JanuMarcMayJulySeptNove

KWD 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 398.9881, compared to 407.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6800 points.

H1 Avg (Jan–Jun) 398.9881
H2 Avg (Jul–Dec) 407.6681

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 20.0611 ISK (High: 403.6100 / Low: 383.5489). On the other end, October was the most stable month, with a tight range of 6.1109 ISK (High: 412.5132 / Low: 406.4023).

March Spread (Volatile) ±20.0611
October Spread (Stable) ±6.1109

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 4.7168 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.7168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 410.9657) against the same month in 2018 (average: 364.6919), the exchange rate shifted by +46.2738 (+12.69%).

2019 Avg (September) 410.9657
2018 Avg (September) 364.6919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 401.1480 383.9326 394.7964
February 399.6027 390.8436 394.7315
March 403.6100 383.5489 394.6082
April 403.7814 390.1089 395.9003
May 408.6987 398.3847 403.6136
June 415.3182 405.8759 410.2788
July 416.2448 396.4196 409.5820
August 415.1244 398.5779 406.9213
September 417.8973 404.5875 410.9657
October 412.5132 406.4023 409.9046
November 411.8348 398.9310 406.6759
December 406.6900 398.5185 401.9591