YEARLY HIGH
34.8674 ISK
YEARLY LOW
31.9616 ISK
YEARLY AVERAGE
33.6606 ISK

2019 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 34.8674. Conversely, the yearly low was recorded on January 1, dropping to 31.9616.

This high-to-low spread represents a total annual volatility of 2.9059 ISK. From a start-to-finish perspective, comparing the January average rate of 32.8686 to the December average rate of 33.5172, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 34.8674 was up 1.31% compared to the 2018 peak of 34.4156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,337 ISK
2018 Average 148,649 ISK
Yearly Trough Low 159,808 ISK
Transaction Impact: A difference of 14,529.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

34.4383
32.7259
JanuMarcMayJulySeptNove

QAR 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 33.2931, compared to 34.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7351 points.

H1 Avg (Jan–Jun) 33.2931
H2 Avg (Jul–Dec) 34.0282

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.7167 ISK (High: 33.7123 / Low: 31.9957). On the other end, October was the most stable month, with a tight range of 0.4741 ISK (High: 34.4400 / Low: 33.9659).

March Spread (Volatile) ±1.7167
October Spread (Stable) ±0.4741

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4105 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 34.2956) against the same month in 2018 (average: 30.3291), the exchange rate shifted by +3.9665 (+13.08%).

2019 Avg (September) 34.2956
2018 Avg (September) 30.3291

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.3764 31.9616 32.8686
February 33.2681 32.6330 32.9096
March 33.7123 31.9957 32.9242
April 33.7462 32.6419 33.0888
May 34.1771 33.3070 33.7278
June 34.7075 33.9220 34.2393
July 34.7871 33.1585 34.2297
August 34.6087 33.2959 33.9870
September 34.8674 33.8102 34.2956
October 34.4400 33.9659 34.2118
November 34.3532 33.3315 33.9277
December 33.9000 33.2464 33.5172