YEARLY HIGH
0.0390 ISK
YEARLY LOW
0.0335 ISK
YEARLY AVERAGE
0.0367 ISK

2020 COP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0390. Conversely, the yearly low was recorded on March 10, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0056 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0368, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0390 was down 1.35% compared to the 2019 peak of 0.0396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,206 ISK
2019 Average 187,003 ISK
Yearly Trough Low 167,253 ISK
Transaction Impact: A difference of 27,953.56 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0382
0.0345
JanuMarcMayJulySeptNove

COP 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 0.0366, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0366
H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0035 ISK (High: 0.0370 / Low: 0.0335). On the other end, August was the most stable month, with a tight range of 0.0010 ISK (High: 0.0368 / Low: 0.0357).

March Spread (Volatile) ±0.0035
August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0379) against the same month in 2019 (average: 0.0389), the exchange rate shifted by -0.0009 (-2.44%).

2020 Avg (July) 0.0379
2019 Avg (July) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0382 0.0360 0.0373
February 0.0381 0.0360 0.0371
March 0.0370 0.0335 0.0348
April 0.0374 0.0349 0.0364
May 0.0379 0.0365 0.0372
June 0.0375 0.0356 0.0366
July 0.0390 0.0363 0.0379
August 0.0368 0.0357 0.0362
September 0.0381 0.0356 0.0367
October 0.0369 0.0357 0.0363
November 0.0379 0.0361 0.0371
December 0.0376 0.0358 0.0368