YEARLY HIGH
6.6807 ISK
YEARLY LOW
5.9273 ISK
YEARLY AVERAGE
6.3682 ISK

2019 MXN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 6.6807. Conversely, the yearly low was recorded on January 1, dropping to 5.9273.

This high-to-low spread represents a total annual volatility of 0.7535 ISK. From a start-to-finish perspective, comparing the January average rate of 6.2425 to the December average rate of 6.3929, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.6807 was up 5.72% compared to the 2018 peak of 6.3191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 334,037 ISK
2018 Average 281,413 ISK
Yearly Trough Low 296,364 ISK
Transaction Impact: A difference of 37,673.12 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.5755
6.1941
JanuMarcMayJulySeptNove

MXN 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 6.3276, compared to 6.4089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0813 points.

H1 Avg (Jan–Jun) 6.3276
H2 Avg (Jul–Dec) 6.4089

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.5078 ISK (High: 6.4351 / Low: 5.9273). On the other end, February was the most stable month, with a tight range of 0.1453 ISK (High: 6.3175 / Low: 6.1723).

January Spread (Volatile) ±0.5078
February Spread (Stable) ±0.1453

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 July and August, when the average rate fell by 0.2585 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 6.5437) against the same month in 2018 (average: 5.6050), the exchange rate shifted by +0.9387 (+16.75%).

2019 Avg (July) 6.5437
2018 Avg (July) 5.6050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4351 5.9273 6.2425
February 6.3175 6.1723 6.2482
March 6.3758 6.0640 6.2258
April 6.4492 6.2015 6.3616
May 6.5215 6.3046 6.4243
June 6.6207 6.2357 6.4630
July 6.6807 6.3308 6.5437
August 6.4117 6.1555 6.2852
September 6.4679 6.2500 6.3769
October 6.5477 6.2528 6.4512
November 6.5406 6.2092 6.4034
December 6.5080 6.2056 6.3929