YEARLY HIGH
390.0340 ISK
YEARLY LOW
319.8176 ISK
YEARLY AVERAGE
358.8215 ISK

2020 BHD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 390.0340. Conversely, the yearly low was recorded on January 1, dropping to 319.8176.

This high-to-low spread represents a total annual volatility of 70.2164 ISK. From a start-to-finish perspective, comparing the January average rate of 327.4953 to the December average rate of 337.8464, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 390.0340 was up 15.48% compared to the 2019 peak of 337.7357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,950,170 ISK
2019 Average 1,625,752 ISK
Yearly Trough Low 1,599,088 ISK
Transaction Impact: A difference of 351,081.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

387.9829
321.9964
JanuMarcMayJulySeptNove

BHD 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 357.0388, compared to 360.6041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5653 points.

H1 Avg (Jan–Jun) 357.0388
H2 Avg (Jul–Dec) 360.6041

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 38.5364 ISK (High: 374.6233 / Low: 336.0869). On the other end, August was the most stable month, with a tight range of 8.9953 ISK (High: 366.8905 / Low: 357.8952).

March Spread (Volatile) ±38.5364
August Spread (Stable) ±8.9953

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 24.3193 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -24.3193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 379.6521) against the same month in 2019 (average: 325.7622), the exchange rate shifted by +53.8899 (+16.54%).

2020 Avg (May) 379.6521
2019 Avg (May) 325.7622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 330.6612 319.8176 327.4953
February 340.6070 326.2769 335.6291
March 374.6233 336.0869 357.2840
April 389.7903 376.8362 382.4840
May 390.0340 360.1143 379.6521
June 369.7995 347.9177 359.6885
July 373.7321 356.5906 366.8901
August 366.8905 357.8952 362.5584
September 372.5756 357.9886 365.4593
October 374.7639 365.4445 368.7048
November 374.7784 352.4941 362.1658
December 347.1174 332.1487 337.8464