YEARLY HIGH
13.2162 ISK
YEARLY LOW
12.1542 ISK
YEARLY AVERAGE
12.7457 ISK

2019 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 13.2162. Conversely, the yearly low was recorded on March 17, dropping to 12.1542.

This high-to-low spread represents a total annual volatility of 1.0620 ISK. From a start-to-finish perspective, comparing the January average rate of 12.5549 to the December average rate of 12.6825, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.2162 was up 0.32% compared to the 2018 peak of 13.1741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,081 ISK
2018 Average 57,623 ISK
Yearly Trough Low 60,771 ISK
Transaction Impact: A difference of 5,310.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.0492
12.4181
JanuMarcMayJulySeptNove

MAD 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 12.6264, compared to 12.8649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2385 points.

H1 Avg (Jan–Jun) 12.6264
H2 Avg (Jul–Dec) 12.8649

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.6297 ISK (High: 13.2162 / Low: 12.5865). On the other end, May was the most stable month, with a tight range of 0.2344 ISK (High: 12.7905 / Low: 12.5560).

July Spread (Volatile) ±0.6297
May Spread (Stable) ±0.2344

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1172 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 12.9966) against the same month in 2018 (average: 11.2571), the exchange rate shifted by +1.7395 (+15.45%).

2019 Avg (July) 12.9966
2018 Avg (July) 11.2571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7349 12.1894 12.5549
February 12.7086 12.4484 12.5607
March 12.7037 12.1542 12.4706
April 12.6962 12.3190 12.5005
May 12.7905 12.5560 12.6948
June 13.1714 12.7336 12.9769
July 13.2162 12.5865 12.9966
August 13.0894 12.7105 12.9069
September 13.1939 12.6424 12.9040
October 13.0058 12.7503 12.9001
November 12.9181 12.5573 12.7996
December 12.8372 12.5611 12.6825