2019 NZD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |