YEARLY HIGH
12.4497 ISK
YEARLY LOW
11.2576 ISK
YEARLY AVERAGE
11.8228 ISK

2020 BWP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 12.4497. Conversely, the yearly low was recorded on June 4, dropping to 11.2576.

This high-to-low spread represents a total annual volatility of 1.1922 ISK. From a start-to-finish perspective, comparing the January average rate of 11.5139 to the December average rate of 11.6942, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.4497 was up 4.23% compared to the 2019 peak of 11.9447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,249 ISK
2019 Average 56,980 ISK
Yearly Trough Low 56,288 ISK
Transaction Impact: A difference of 5,960.80 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.3129
11.4342
JanuMarcMayJulySeptNove

BWP 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 11.6895, compared to 11.9560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2665 points.

H1 Avg (Jan–Jun) 11.6895
H2 Avg (Jul–Dec) 11.9560

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0791 ISK (High: 12.4497 / Low: 11.3707). On the other end, February was the most stable month, with a tight range of 0.3392 ISK (High: 11.6075 / Low: 11.2683).

March Spread (Volatile) ±1.0791
February Spread (Stable) ±0.3392

Growth Streaks & Declines

Trends

Between February and May, 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 0.5455 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 11.7608) against the same month in 2019 (average: 11.2016), the exchange rate shifted by +0.5592 (+4.99%).

2020 Avg (March) 11.7608
2019 Avg (March) 11.2016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6175 11.2688 11.5139
February 11.6075 11.2683 11.5074
March 12.4497 11.3707 11.7608
April 12.0997 11.6032 11.8703
May 12.1427 11.4752 11.8885
June 11.8792 11.2576 11.5962
July 12.1887 11.6711 11.9436
August 11.9982 11.4727 11.7462
September 12.1688 11.7433 11.9757
October 12.3730 11.9396 12.1369
November 12.3944 12.0418 12.2397
December 11.8522 11.4087 11.6942