2019 MMK to ISK Historical Review

YEARLY HIGH

0.0840 ISK

YEARLY LOW

0.0755 ISK

YEARLY AVERAGE

0.0806 ISK

2019 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.0840. Conversely, the yearly low was recorded on January 1, dropping to 0.0755.

This high-to-low spread represents a total annual volatility of 0.0084 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0781 to the December average rate of 0.0814, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0840 was up 5.51% compared to the 2018 peak of 0.0796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 420 ISK

2018 Average 375 ISK

Yearly Trough Low 378 ISK

Transaction Impact: A difference of 42.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0829

0.0776

JanuMarcMayJulySeptNove

MMK 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 0.0794, compared to 0.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0794

H2 Avg (Jul–Dec) 0.0817

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0055 ISK (High: 0.0811 / Low: 0.0756). On the other end, February was the most stable month, with a tight range of 0.0016 ISK (High: 0.0792 / Low: 0.0776).

March Spread (Volatile) ±0.0055

February Spread (Stable) ±0.0016

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 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0824) against the same month in 2018 (average: 0.0745), the exchange rate shifted by +0.0079 (+10.65%).

2019 Avg (July) 0.0824

2018 Avg (July) 0.0745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0799	0.0755	0.0781
February	0.0792	0.0776	0.0784
March	0.0811	0.0756	0.0787
April	0.0812	0.0786	0.0794
May	0.0815	0.0794	0.0802
June	0.0827	0.0809	0.0818
July	0.0840	0.0800	0.0824
August	0.0831	0.0800	0.0817
September	0.0837	0.0804	0.0817
October	0.0825	0.0807	0.0814
November	0.0824	0.0805	0.0815
December	0.0821	0.0805	0.0814