YEARLY HIGH
0.7210 ISK
YEARLY LOW
0.6365 ISK
YEARLY AVERAGE
0.6861 ISK

2019 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.7210. Conversely, the yearly low was recorded on January 1, dropping to 0.6365.

This high-to-low spread represents a total annual volatility of 0.0845 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6580 to the December average rate of 0.6734, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7210 was up 1.63% compared to the 2018 peak of 0.7095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,605 ISK
2018 Average 3,328 ISK
Yearly Trough Low 3,183 ISK
Transaction Impact: A difference of 422.56 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7132
0.6530
JanuMarcMayJulySeptNove

LKR 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 0.6823, compared to 0.6900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.6823
H2 Avg (Jul–Dec) 0.6900

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0470 ISK (High: 0.6995 / Low: 0.6525). On the other end, October was the most stable month, with a tight range of 0.0135 ISK (High: 0.6947 / Low: 0.6812).

March Spread (Volatile) ±0.0470
October Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0120 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.7082) against the same month in 2018 (average: 0.6686), the exchange rate shifted by +0.0396 (+5.93%).

2019 Avg (July) 0.7082
2018 Avg (July) 0.6686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6739 0.6365 0.6580
February 0.6812 0.6627 0.6712
March 0.6995 0.6525 0.6729
April 0.7046 0.6802 0.6891
May 0.7054 0.6843 0.6963
June 0.7147 0.6995 0.7061
July 0.7210 0.6850 0.7082
August 0.7028 0.6855 0.6962
September 0.7053 0.6768 0.6909
October 0.6947 0.6812 0.6867
November 0.6935 0.6709 0.6846
December 0.6812 0.6671 0.6734