YEARLY HIGH
0.0853 ISK
YEARLY LOW
0.0637 ISK
YEARLY AVERAGE
0.0734 ISK

2020 CDF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.0853. Conversely, the yearly low was recorded on December 5, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0216 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0732 to the December average rate of 0.0653, the exchange rate registered a net change of -10.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0853 was up 11.65% compared to the 2019 peak of 0.0764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 426 ISK
2019 Average 371 ISK
Yearly Trough Low 319 ISK
Transaction Impact: A difference of 107.86 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0859
0.0634
JanuMarcMayJulySeptNove

CDF 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 0.0773, compared to 0.0695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0773
H2 Avg (Jul–Dec) 0.0695

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0205 ISK (High: 0.0842 / Low: 0.0637). On the other end, August was the most stable month, with a tight range of 0.0022 ISK (High: 0.0705 / Low: 0.0683).

December Spread (Volatile) ±0.0205
August Spread (Stable) ±0.0022

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 0.0078 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0840) against the same month in 2019 (average: 0.0735), the exchange rate shifted by +0.0105 (+14.33%).

2020 Avg (April) 0.0840
2019 Avg (April) 0.0735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0740 0.0717 0.0732
February 0.0758 0.0730 0.0748
March 0.0828 0.0746 0.0791
April 0.0853 0.0826 0.0840
May 0.0847 0.0745 0.0803
June 0.0743 0.0705 0.0725
July 0.0728 0.0683 0.0711
August 0.0705 0.0683 0.0696
September 0.0717 0.0688 0.0702
October 0.0768 0.0701 0.0713
November 0.0720 0.0674 0.0695
December 0.0842 0.0637 0.0653