YEARLY HIGH
0.2594 ISK
YEARLY LOW
0.2081 ISK
YEARLY AVERAGE
0.2317 ISK

2020 CRC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CRC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.2594. Conversely, the yearly low was recorded on December 30, dropping to 0.2081.

This high-to-low spread represents a total annual volatility of 0.0514 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2173 to the December average rate of 0.2104, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2594 was up 16.38% compared to the 2019 peak of 0.2229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,297 ISK
2019 Average 1,045 ISK
Yearly Trough Low 1,040 ISK
Transaction Impact: A difference of 256.98 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2576
0.2061
JanuMarcMayJulySeptNove

CRC 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 0.2361, compared to 0.2274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2361
H2 Avg (Jul–Dec) 0.2274

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0294 ISK (High: 0.2507 / Low: 0.2212). On the other end, October was the most stable month, with a tight range of 0.0044 ISK (High: 0.2329 / Low: 0.2284).

March Spread (Volatile) ±0.0294
October Spread (Stable) ±0.0044

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 0.0166 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2533) against the same month in 2019 (average: 0.2009), the exchange rate shifted by +0.0524 (+26.10%).

2020 Avg (April) 0.2533
2019 Avg (April) 0.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2208 0.2109 0.2173
February 0.2255 0.2173 0.2223
March 0.2507 0.2212 0.2364
April 0.2594 0.2463 0.2533
May 0.2590 0.2386 0.2521
June 0.2412 0.2285 0.2355
July 0.2418 0.2312 0.2377
August 0.2328 0.2277 0.2307
September 0.2352 0.2267 0.2306
October 0.2329 0.2284 0.2304
November 0.2331 0.2203 0.2243
December 0.2167 0.2081 0.2104