YEARLY HIGH
0.1850 ISK
YEARLY LOW
0.1525 ISK
YEARLY AVERAGE
0.1710 ISK

2020 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.1850. Conversely, the yearly low was recorded on March 9, dropping to 0.1525.

This high-to-low spread represents a total annual volatility of 0.0325 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1596 to the December average rate of 0.1745, the exchange rate registered a net change of 9.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1850 was down 0.15% compared to the 2019 peak of 0.1853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 185,004 ISK
2019 Average 174,627 ISK
Yearly Trough Low 152,484 ISK
Transaction Impact: A difference of 32,519.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1811
0.1565
JanuMarcMayJulySeptNove

CLP 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 0.1655, compared to 0.1765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.1655
H2 Avg (Jul–Dec) 0.1765

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0156 ISK (High: 0.1681 / Low: 0.1525). On the other end, June was the most stable month, with a tight range of 0.0062 ISK (High: 0.1737 / Low: 0.1674).

March Spread (Volatile) ±0.0156
June Spread (Stable) ±0.0062

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 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1791) against the same month in 2019 (average: 0.1582), the exchange rate shifted by +0.0208 (+13.18%).

2020 Avg (November) 0.1791
2019 Avg (November) 0.1582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1637 0.1537 0.1596
February 0.1616 0.1537 0.1585
March 0.1681 0.1525 0.1603
April 0.1755 0.1646 0.1693
May 0.1790 0.1671 0.1748
June 0.1737 0.1674 0.1703
July 0.1795 0.1712 0.1765
August 0.1796 0.1682 0.1741
September 0.1832 0.1759 0.1781
October 0.1830 0.1728 0.1766
November 0.1850 0.1729 0.1791
December 0.1799 0.1681 0.1745