YEARLY HIGH
43.7604 ISK
YEARLY LOW
34.5174 ISK
YEARLY AVERAGE
36.2269 ISK

2019 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 43.7604. Conversely, the yearly low was recorded on March 17, dropping to 34.5174.

This high-to-low spread represents a total annual volatility of 9.2430 ISK. From a start-to-finish perspective, comparing the January average rate of 35.5798 to the December average rate of 35.8015, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 43.7604 was up 17.48% compared to the 2018 peak of 37.2488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218,802 ISK
2018 Average 164,535 ISK
Yearly Trough Low 172,587 ISK
Transaction Impact: A difference of 46,214.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.0242
35.3981
JanuMarcMayJulySeptNove

PGK 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 35.9529, compared to 36.5009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5481 points.

H1 Avg (Jan–Jun) 35.9529
H2 Avg (Jul–Dec) 36.5009

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 8.4716 ISK (High: 43.7604 / Low: 35.2888). On the other end, October was the most stable month, with a tight range of 0.6047 ISK (High: 36.9454 / Low: 36.3407).

November Spread (Volatile) ±8.4716
October Spread (Stable) ±0.6047

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.7039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 36.5054) against the same month in 2018 (average: 36.6166), the exchange rate shifted by -0.1112 (-0.30%).

2019 Avg (November) 36.5054
2018 Avg (November) 36.6166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.1256 34.6275 35.5798
February 35.9905 35.2769 35.6039
March 36.3720 34.5174 35.5336
April 36.4063 35.1851 35.7098
May 36.8381 36.0048 36.4013
June 37.3406 36.5255 36.8887
July 37.4013 35.7586 36.8033
August 37.1431 35.7167 36.4416
September 37.4782 36.1772 36.7546
October 36.9454 36.3407 36.6992
November 43.7604 35.2888 36.5054
December 36.2763 35.3457 35.8015