YEARLY HIGH
2.2225 ISK
YEARLY LOW
1.5093 ISK
YEARLY AVERAGE
1.9356 ISK

2020 ARS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.2225. Conversely, the yearly low was recorded on December 30, dropping to 1.5093.

This high-to-low spread represents a total annual volatility of 0.7132 ISK. From a start-to-finish perspective, comparing the January average rate of 2.0606 to the December average rate of 1.5429, the exchange rate registered a net change of -25.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2225 was down 32.04% compared to the 2019 peak of 3.2706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,113 ISK
2019 Average 13,077 ISK
Yearly Trough Low 7,547 ISK
Transaction Impact: A difference of 3,566.12 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2694
1.4769
JanuMarcMayJulySeptNove

ARS 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 2.0901, compared to 1.7811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3089 points.

H1 Avg (Jan–Jun) 2.0901
H2 Avg (Jul–Dec) 1.7811

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.2120 ISK (High: 2.1988 / Low: 1.9868). On the other end, October was the most stable month, with a tight range of 0.0350 ISK (High: 1.8125 / Low: 1.7775).

May Spread (Volatile) ±0.2120
October Spread (Stable) ±0.0350

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 May and June, when the average rate fell by 0.1706 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.1351) against the same month in 2019 (average: 2.9057), the exchange rate shifted by -0.7706 (-26.52%).

2020 Avg (March) 2.1351
2019 Avg (March) 2.9057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0776 2.0199 2.0606
February 2.0796 2.0394 2.0649
March 2.2225 2.0316 2.1351
April 2.2223 2.1722 2.2034
May 2.1988 1.9868 2.1235
June 1.9922 1.9088 1.9529
July 1.9891 1.8605 1.9395
August 1.8833 1.8417 1.8669
September 1.8820 1.7984 1.8339
October 1.8125 1.7775 1.7933
November 1.8028 1.6361 1.7103
December 1.6073 1.5093 1.5429