YEARLY HIGH
84.7165 ISK
YEARLY LOW
77.3723 ISK
YEARLY AVERAGE
80.7696 ISK

2019 NZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 84.7165. Conversely, the yearly low was recorded on October 1, dropping to 77.3723.

This high-to-low spread represents a total annual volatility of 7.3442 ISK. From a start-to-finish perspective, comparing the January average rate of 81.1566 to the December average rate of 80.5484, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 84.7165 was down 1.25% compared to the 2018 peak of 85.7900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 423,582 ISK
2018 Average 373,923 ISK
Yearly Trough Low 386,862 ISK
Transaction Impact: A difference of 36,720.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

83.6390
78.5446
JanuMarcMayJulySeptNove

NZD 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 81.4571, compared to 80.0821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3750 points.

H1 Avg (Jan–Jun) 81.4571
H2 Avg (Jul–Dec) 80.0821

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 4.9964 ISK (High: 83.1173 / Low: 78.1209). On the other end, May was the most stable month, with a tight range of 1.1693 ISK (High: 81.2890 / Low: 80.1197).

January Spread (Volatile) ±4.9964
May Spread (Stable) ±1.1693

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.6124 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.6124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 83.2145) against the same month in 2018 (average: 72.2970), the exchange rate shifted by +10.9175 (+15.10%).

2019 Avg (July) 83.2145
2018 Avg (July) 72.2970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 83.1173 78.1209 81.1566
February 82.8581 81.1071 81.8919
March 84.1357 79.7550 81.9265
April 83.4280 80.0826 80.8648
May 81.2890 80.1197 80.6013
June 83.8379 80.8183 82.3012
July 84.7165 79.8870 83.2145
August 80.6273 78.8221 79.6021
September 81.2311 77.3747 79.1554
October 80.1103 77.3723 78.9691
November 80.2313 77.9343 79.0031
December 81.6235 77.9889 80.5484