YEARLY HIGH
103.8908 ISK
YEARLY LOW
89.5193 ISK
YEARLY AVERAGE
98.0990 ISK

2020 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 103.8908. Conversely, the yearly low was recorded on January 1, dropping to 89.5193.

This high-to-low spread represents a total annual volatility of 14.3715 ISK. From a start-to-finish perspective, comparing the January average rate of 91.4059 to the December average rate of 95.6041, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 103.8908 was up 10.53% compared to the 2019 peak of 93.9952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 519,454 ISK
2019 Average 446,886 ISK
Yearly Trough Low 447,597 ISK
Transaction Impact: A difference of 71,857.50 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

103.3888
89.9513
JanuMarcMayJulySeptNove

BND 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 96.2719, compared to 99.9260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6542 points.

H1 Avg (Jan–Jun) 96.2719
H2 Avg (Jul–Dec) 99.9260

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.4490 ISK (High: 99.2495 / Low: 90.8005). On the other end, February was the most stable month, with a tight range of 1.9289 ISK (High: 92.0154 / Low: 90.0866).

March Spread (Volatile) ±8.4490
February Spread (Stable) ±1.9289

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.7266 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.7266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 101.3995) against the same month in 2019 (average: 89.1717), the exchange rate shifted by +12.2278 (+13.71%).

2020 Avg (April) 101.3995
2019 Avg (April) 89.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.3929 89.5193 91.4059
February 92.0154 90.0866 91.0711
March 99.2495 90.8005 95.1475
April 103.8908 99.4179 101.3995
May 103.8251 95.8656 101.1782
June 100.5203 93.7318 97.4290
July 101.3302 97.6505 99.6368
August 101.2035 98.3363 99.8076
September 102.5674 98.8736 100.9082
October 103.4064 101.3803 102.2690
November 103.5806 99.3044 101.3306
December 97.5630 93.9703 95.6041