YEARLY HIGH
23.2041 ISK
YEARLY LOW
19.8512 ISK
YEARLY AVERAGE
21.5986 ISK

2019 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 23.2041. Conversely, the yearly low was recorded on May 9, dropping to 19.8512.

This high-to-low spread represents a total annual volatility of 3.3529 ISK. From a start-to-finish perspective, comparing the January average rate of 22.3359 to the December average rate of 20.8353, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 23.2041 was down 16.90% compared to the 2018 peak of 27.9237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,160,206 ISK
2018 Average 1,142,532 ISK
Yearly Trough Low 992,562 ISK
Transaction Impact: A difference of 167,644.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.9598
20.1013
JanuMarcMayJulySeptNove

TRY 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 21.5948, compared to 21.6024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 21.5948
H2 Avg (Jul–Dec) 21.6024

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.9560 ISK (High: 22.7004 / Low: 20.7443). On the other end, October was the most stable month, with a tight range of 0.6051 ISK (High: 21.7566 / Low: 21.1514).

March Spread (Volatile) ±1.9560
October Spread (Stable) ±0.6051

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.9994 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 22.3359) against the same month in 2018 (average: 27.2410), the exchange rate shifted by -4.9051 (-18.01%).

2019 Avg (January) 22.3359
2018 Avg (January) 27.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2041 21.3538 22.3359
February 23.0898 22.3323 22.7216
March 22.7004 20.7443 21.8668
April 22.2746 20.3864 20.8674
May 21.1762 19.8512 20.3395
June 21.7442 21.1254 21.4379
July 22.4224 21.3504 21.9789
August 22.3772 21.2954 21.9125
September 22.2804 21.5867 21.8671
October 21.7566 21.1514 21.5006
November 21.7266 21.1189 21.5200
December 21.2314 20.3587 20.8353