YEARLY HIGH
73.1003 ISK
YEARLY LOW
59.7468 ISK
YEARLY AVERAGE
67.1760 ISK

2020 BZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 73.1003. Conversely, the yearly low was recorded on January 1, dropping to 59.7468.

This high-to-low spread represents a total annual volatility of 13.3535 ISK. From a start-to-finish perspective, comparing the January average rate of 61.2590 to the December average rate of 63.1903, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 73.1003 was up 15.49% compared to the 2019 peak of 63.2937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 365,502 ISK
2019 Average 304,144 ISK
Yearly Trough Low 298,734 ISK
Transaction Impact: A difference of 66,767.66 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

72.8274
60.2073
JanuMarcMayJulySeptNove

BZD 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 66.8815, compared to 67.4704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5889 points.

H1 Avg (Jan–Jun) 66.8815
H2 Avg (Jul–Dec) 67.4704

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.6574 ISK (High: 70.5373 / Low: 62.8799). On the other end, October was the most stable month, with a tight range of 1.6367 ISK (High: 69.9925 / Low: 68.3558).

March Spread (Volatile) ±7.6574
October Spread (Stable) ±1.6367

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 4.5686 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 71.1513) against the same month in 2019 (average: 60.9312), the exchange rate shifted by +10.2202 (+16.77%).

2020 Avg (May) 71.1513
2019 Avg (May) 60.9312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.8521 59.7468 61.2590
February 63.6988 61.0295 62.7643
March 70.5373 62.8799 66.9944
April 73.0507 70.5388 71.7757
May 73.1003 67.4121 71.1513
June 69.2514 65.1691 67.3443
July 69.9363 66.7062 68.6518
August 68.6049 66.8823 67.8800
September 69.6956 66.9637 68.3614
October 69.9925 68.3558 68.9800
November 70.1139 65.9385 67.7589
December 64.9199 62.1279 63.1903