YEARLY HIGH
30.7683 ISK
YEARLY LOW
28.1658 ISK
YEARLY AVERAGE
29.5919 ISK

2019 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 30.7683. Conversely, the yearly low was recorded on January 1, dropping to 28.1658.

This high-to-low spread represents a total annual volatility of 2.6025 ISK. From a start-to-finish perspective, comparing the January average rate of 29.0794 to the December average rate of 29.4290, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.7683 was up 2.89% compared to the 2018 peak of 29.9034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 615,366 ISK
2018 Average 535,857 ISK
Yearly Trough Low 563,315 ISK
Transaction Impact: A difference of 52,050.91 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.3520
28.9637
JanuMarcMayJulySeptNove

MYR 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 29.4281, compared to 29.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3275 points.

H1 Avg (Jan–Jun) 29.4281
H2 Avg (Jul–Dec) 29.7556

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.5574 ISK (High: 30.0676 / Low: 28.5102). On the other end, October was the most stable month, with a tight range of 0.4179 ISK (High: 29.9499 / Low: 29.5319).

March Spread (Volatile) ±1.5574
October Spread (Stable) ±0.4179

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6831 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 30.2363) against the same month in 2018 (average: 26.2992), the exchange rate shifted by +3.9370 (+14.97%).

2019 Avg (July) 30.2363
2018 Avg (July) 26.2992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5840 28.1658 29.0794
February 29.7216 29.0905 29.3846
March 30.0676 28.5102 29.3889
April 30.1056 29.0195 29.2614
May 29.7217 29.2765 29.4572
June 30.3439 29.5120 29.9974
July 30.7683 29.2849 30.2363
August 29.9636 28.8576 29.5532
September 30.2380 29.3585 29.8499
October 29.9499 29.5319 29.7492
November 30.2347 29.0578 29.7161
December 29.8176 29.0079 29.4290