YEARLY HIGH
1.5018 ISK
YEARLY LOW
0.5392 ISK
YEARLY AVERAGE
1.3929 ISK

2020 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 1.5018. Conversely, the yearly low was recorded on March 18, dropping to 0.5392.

This high-to-low spread represents a total annual volatility of 0.9626 ISK. From a start-to-finish perspective, comparing the January average rate of 1.2390 to the December average rate of 1.4011, the exchange rate registered a net change of 13.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5018 was up 16.46% compared to the 2019 peak of 1.2895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,509 ISK
2019 Average 6,203 ISK
Yearly Trough Low 2,696 ISK
Transaction Impact: A difference of 4,812.89 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5014
1.2151
JanuMarcMayJulySeptNove

CVE 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 1.3358, compared to 1.4499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1142 points.

H1 Avg (Jan–Jun) 1.3358
H2 Avg (Jul–Dec) 1.4499

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8692 ISK (High: 1.4083 / Low: 0.5392). On the other end, January was the most stable month, with a tight range of 0.0213 ISK (High: 1.2484 / Low: 1.2271).

March Spread (Volatile) ±0.8692
January Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0588 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 1.4683) against the same month in 2019 (average: 1.2446), the exchange rate shifted by +0.2236 (+17.97%).

2020 Avg (September) 1.4683
2019 Avg (September) 1.2446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2484 1.2271 1.2390
February 1.2607 1.2279 1.2472
March 1.4083 0.5392 1.3167
April 1.4402 1.3901 1.4179
May 1.4413 1.3613 1.4142
June 1.4194 1.3406 1.3796
July 1.4535 1.3422 1.4286
August 1.4928 1.4299 1.4642
September 1.5018 1.4461 1.4683
October 1.4966 1.4613 1.4776
November 1.4929 1.4305 1.4599
December 1.4235 1.3732 1.4011