YEARLY HIGH
21.1148 ISK
YEARLY LOW
17.3842 ISK
YEARLY AVERAGE
19.6156 ISK

2020 CNY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 21.1148. Conversely, the yearly low was recorded on January 1, dropping to 17.3842.

This high-to-low spread represents a total annual volatility of 3.7306 ISK. From a start-to-finish perspective, comparing the January average rate of 17.8327 to the December average rate of 19.4769, the exchange rate registered a net change of 9.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.1148 was up 14.85% compared to the 2019 peak of 18.3853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 527,870 ISK
2019 Average 443,589 ISK
Yearly Trough Low 434,606 ISK
Transaction Impact: A difference of 93,264.26 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.9662
17.5478
JanuMarcMayJulySeptNove

CNY 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 19.1449, compared to 20.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9415 points.

H1 Avg (Jan–Jun) 19.1449
H2 Avg (Jul–Dec) 20.0864

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8949 ISK (High: 20.0144 / Low: 18.1195). On the other end, February was the most stable month, with a tight range of 0.5636 ISK (High: 18.2661 / Low: 17.7025).

March Spread (Volatile) ±1.8949
February Spread (Stable) ±0.5636

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 1.2044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 20.6814) against the same month in 2019 (average: 17.5936), the exchange rate shifted by +3.0878 (+17.55%).

2020 Avg (November) 20.6814
2019 Avg (November) 17.5936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.0853 17.3842 17.8327
February 18.2661 17.7025 18.0843
March 20.0144 18.1195 19.1753
April 20.8301 20.0738 20.4235
May 20.8099 19.0296 20.1860
June 19.7268 18.4774 19.1674
July 20.1265 19.1816 19.7351
August 20.0739 19.4003 19.7242
September 20.5552 19.8209 20.2219
October 21.0814 20.3201 20.6786
November 21.1148 20.2083 20.6814
December 19.9154 19.1741 19.4769