YEARLY HIGH
30.0861 ISK
YEARLY LOW
27.7323 ISK
YEARLY AVERAGE
28.9127 ISK

2019 RON to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 30.0861. Conversely, the yearly low was recorded on March 17, dropping to 27.7323.

This high-to-low spread represents a total annual volatility of 2.3539 ISK. From a start-to-finish perspective, comparing the January average rate of 29.0426 to the December average rate of 28.3758, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.0861 was down 1.53% compared to the 2018 peak of 30.5526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,431 ISK
2018 Average 137,089 ISK
Yearly Trough Low 138,661 ISK
Transaction Impact: A difference of 11,769.29 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29.9441
28.2332
JanuMarcMayJulySeptNove

RON 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 28.8797, compared to 28.9457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0659 points.

H1 Avg (Jan–Jun) 28.8797
H2 Avg (Jul–Dec) 28.9457

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 1.6133 ISK (High: 30.0861 / Low: 28.4728). On the other end, May was the most stable month, with a tight range of 0.5461 ISK (High: 29.1358 / Low: 28.5897).

July Spread (Volatile) ±1.6133
May Spread (Stable) ±0.5461

Growth Streaks & Declines

Trends

Between April and June, 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 0.4423 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 29.5667) against the same month in 2018 (average: 26.7694), the exchange rate shifted by +2.7973 (+10.45%).

2019 Avg (July) 29.5667
2018 Avg (July) 26.7694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.6004 28.5446 29.0426
February 28.9011 28.2541 28.6329
March 28.9008 27.7323 28.4780
April 28.9032 28.0852 28.4459
May 29.1358 28.5897 28.8775
June 30.0372 29.0741 29.8015
July 30.0861 28.4728 29.5667
August 29.4231 28.7760 29.1244
September 29.5000 28.3185 29.0080
October 29.2785 28.5485 28.9784
November 29.0126 27.9618 28.6207
December 28.7628 27.9400 28.3758