2019 PEN to ISK Historical Review

YEARLY HIGH

38.4609 ISK

YEARLY LOW

34.5497 ISK

YEARLY AVERAGE

36.7373 ISK

2019 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 38.4609. Conversely, the yearly low was recorded on January 1, dropping to 34.5497.

This high-to-low spread represents a total annual volatility of 3.9112 ISK. From a start-to-finish perspective, comparing the January average rate of 35.8029 to the December average rate of 36.4084, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 38.4609 was up 3.79% compared to the 2018 peak of 37.0574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,305 ISK

2018 Average 164,575 ISK

Yearly Trough Low 172,749 ISK

Transaction Impact: A difference of 19,555.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

38.0692

35.5969

JanuMarcMayJulySeptNove

PEN 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 36.4935, compared to 36.9811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4876 points.

H1 Avg (Jan–Jun) 36.4935

H2 Avg (Jul–Dec) 36.9811

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.9658 ISK (High: 36.5155 / Low: 34.5497). On the other end, May was the most stable month, with a tight range of 0.4343 ISK (High: 37.0539 / Low: 36.6197).

January Spread (Volatile) ±1.9658

May Spread (Stable) ±0.4343

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.2266 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.2266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 37.8631) against the same month in 2018 (average: 32.5014), the exchange rate shifted by +5.3618 (+16.50%).

2019 Avg (July) 37.8631

2018 Avg (July) 32.5014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.5155	34.5497	35.8029
February	36.3541	35.6195	36.0738
March	36.9723	35.3417	36.2683
April	37.1436	36.0759	36.4680
May	37.0539	36.6197	36.8750
June	37.9232	36.5701	37.4728
July	38.4609	36.6960	37.8631
August	37.3993	35.8509	36.6365
September	37.9154	36.4010	37.2098
October	37.4240	36.5717	37.0951
November	37.3073	35.6784	36.6734
December	36.9541	35.7578	36.4084