YEARLY HIGH
1.9413 ISK
YEARLY LOW
1.5499 ISK
YEARLY AVERAGE
1.7615 ISK

2020 AFN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 1.9413. Conversely, the yearly low was recorded on January 1, dropping to 1.5499.

This high-to-low spread represents a total annual volatility of 0.3914 ISK. From a start-to-finish perspective, comparing the January average rate of 1.5994 to the December average rate of 1.6528, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9413 was up 19.41% compared to the 2019 peak of 1.6258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,707 ISK
2019 Average 7,869 ISK
Yearly Trough Low 7,749 ISK
Transaction Impact: A difference of 1,957.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9258
1.5697
JanuMarcMayJulySeptNove

AFN 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 1.7567, compared to 1.7663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 1.7567
H2 Avg (Jul–Dec) 1.7663

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1939 ISK (High: 1.8585 / Low: 1.6646). On the other end, August was the most stable month, with a tight range of 0.0400 ISK (High: 1.7959 / Low: 1.7559).

March Spread (Volatile) ±0.1939
August Spread (Stable) ±0.0400

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1212 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.8961) against the same month in 2019 (average: 1.5592), the exchange rate shifted by +0.3369 (+21.61%).

2020 Avg (April) 1.8961
2019 Avg (April) 1.5592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6246 1.5499 1.5994
February 1.6703 1.5963 1.6447
March 1.8585 1.6646 1.7684
April 1.9413 1.8529 1.8961
May 1.9324 1.7734 1.8748
June 1.8110 1.6985 1.7568
July 1.8305 1.7492 1.7951
August 1.7959 1.7559 1.7735
September 1.8376 1.7577 1.7935
October 1.8376 1.7934 1.8089
November 1.8391 1.7261 1.7741
December 1.6999 1.6274 1.6528