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