YEARLY HIGH
1.2057 ISK
YEARLY LOW
1.1191 ISK
YEARLY AVERAGE
1.1645 ISK

2019 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 1.2057. Conversely, the yearly low was recorded on March 17, dropping to 1.1191.

This high-to-low spread represents a total annual volatility of 0.0866 ISK. From a start-to-finish perspective, comparing the January average rate of 1.1546 to the December average rate of 1.1537, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2057 was up 0.10% compared to the 2018 peak of 1.2045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,029 ISK
2018 Average 5,396 ISK
Yearly Trough Low 5,595 ISK
Transaction Impact: A difference of 433.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1993
1.1425
JanuMarcMayJulySeptNove

RSD 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 1.1600, compared to 1.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 1.1600
H2 Avg (Jul–Dec) 1.1690

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0618 ISK (High: 1.2057 / Low: 1.1440). On the other end, February was the most stable month, with a tight range of 0.0217 ISK (High: 1.1587 / Low: 1.1370).

July Spread (Volatile) ±0.0618
February Spread (Stable) ±0.0217

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 0.0179 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 1.1871) against the same month in 2018 (average: 1.0547), the exchange rate shifted by +0.1324 (+12.55%).

2019 Avg (July) 1.1871
2018 Avg (July) 1.0547

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1708 1.1289 1.1546
February 1.1587 1.1370 1.1506
March 1.1677 1.1191 1.1479
April 1.1677 1.1322 1.1472
May 1.1762 1.1521 1.1650
June 1.2034 1.1716 1.1946
July 1.2057 1.1440 1.1871
August 1.1807 1.1568 1.1692
September 1.1947 1.1465 1.1699
October 1.1842 1.1529 1.1721
November 1.1750 1.1373 1.1620
December 1.1676 1.1362 1.1537