YEARLY HIGH
0.3556 ISK
YEARLY LOW
0.3260 ISK
YEARLY AVERAGE
0.3433 ISK

2019 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.3556. Conversely, the yearly low was recorded on January 1, dropping to 0.3260.

This high-to-low spread represents a total annual volatility of 0.0296 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3352 to the December average rate of 0.3418, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3556 was down 35.40% compared to the 2018 peak of 0.5505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,778 ISK
2018 Average 1,526 ISK
Yearly Trough Low 1,630 ISK
Transaction Impact: A difference of 148.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3512
0.3338
JanuMarcMayJulySeptNove

MRO 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 0.3396, compared to 0.3470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.3396
H2 Avg (Jul–Dec) 0.3470

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0175 ISK (High: 0.3438 / Low: 0.3263). On the other end, October was the most stable month, with a tight range of 0.0050 ISK (High: 0.3513 / Low: 0.3464).

March Spread (Volatile) ±0.0175
October Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0042 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.3498) against the same month in 2018 (average: 0.3092), the exchange rate shifted by +0.0406 (+13.12%).

2019 Avg (September) 0.3498
2018 Avg (September) 0.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3404 0.3260 0.3352
February 0.3393 0.3328 0.3357
March 0.3438 0.3263 0.3358
April 0.3442 0.3329 0.3375
May 0.3485 0.3397 0.3440
June 0.3540 0.3460 0.3492
July 0.3548 0.3382 0.3491
August 0.3530 0.3396 0.3466
September 0.3556 0.3448 0.3498
October 0.3513 0.3464 0.3489
November 0.3504 0.3399 0.3460
December 0.3457 0.3391 0.3418