YEARLY HIGH
0.3296 ISK
YEARLY LOW
0.3033 ISK
YEARLY AVERAGE
0.3200 ISK

2019 KZT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KZT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.3296. Conversely, the yearly low was recorded on January 1, dropping to 0.3033.

This high-to-low spread represents a total annual volatility of 0.0263 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3162 to the December average rate of 0.3176, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3296 was down 2.59% compared to the 2018 peak of 0.3384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,648 ISK
2018 Average 1,568 ISK
Yearly Trough Low 1,517 ISK
Transaction Impact: A difference of 131.42 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3270
0.3152
JanuMarcMayJulySeptNove

KZT 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 0.3195, compared to 0.3205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.3195
H2 Avg (Jul–Dec) 0.3205

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0182 ISK (High: 0.3215 / Low: 0.3033). On the other end, October was the most stable month, with a tight range of 0.0040 ISK (High: 0.3219 / Low: 0.3179).

January Spread (Volatile) ±0.0182
October Spread (Stable) ±0.0040

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 July and August, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.3243) against the same month in 2018 (average: 0.3092), the exchange rate shifted by +0.0151 (+4.90%).

2019 Avg (July) 0.3243
2018 Avg (July) 0.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3215 0.3033 0.3162
February 0.3228 0.3126 0.3175
March 0.3234 0.3072 0.3169
April 0.3234 0.3119 0.3172
May 0.3268 0.3182 0.3230
June 0.3293 0.3211 0.3260
July 0.3296 0.3137 0.3243
August 0.3268 0.3136 0.3200
September 0.3289 0.3173 0.3224
October 0.3219 0.3179 0.3199
November 0.3216 0.3140 0.3185
December 0.3211 0.3134 0.3176