YEARLY HIGH
165.8002 ISK
YEARLY LOW
135.8055 ISK
YEARLY AVERAGE
154.4849 ISK

2020 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 165.8002. Conversely, the yearly low was recorded on January 1, dropping to 135.8055.

This high-to-low spread represents a total annual volatility of 29.9947 ISK. From a start-to-finish perspective, comparing the January average rate of 137.1010 to the December average rate of 155.0626, the exchange rate registered a net change of 13.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 165.8002 was up 16.73% compared to the 2019 peak of 142.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 829,001 ISK
2019 Average 686,215 ISK
Yearly Trough Low 679,028 ISK
Transaction Impact: A difference of 149,973.52 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

166.2517
134.4510
JanuMarcMayJulySeptNove

EUR 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 148.4610, compared to 160.5088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0478 points.

H1 Avg (Jan–Jun) 148.4610
H2 Avg (Jul–Dec) 160.5088

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 16.2991 ISK (High: 156.3016 / Low: 140.0025). On the other end, January was the most stable month, with a tight range of 2.0159 ISK (High: 137.8215 / Low: 135.8055).

March Spread (Volatile) ±16.2991
January Spread (Stable) ±2.0159

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 6.6982 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.6982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 162.4091) against the same month in 2019 (average: 137.6110), the exchange rate shifted by +24.7980 (+18.02%).

2020 Avg (September) 162.4091
2019 Avg (September) 137.6110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 137.8215 135.8055 137.1010
February 139.7112 136.4018 138.1098
March 156.3016 140.0025 149.1745
April 159.4892 155.2883 156.9391
May 160.8147 150.8372 156.6833
June 157.0830 148.8119 152.7581
July 160.1995 155.7982 158.5101
August 164.1058 159.9925 161.7087
September 165.8002 160.2128 162.4091
October 165.1113 162.1736 163.6016
November 164.5039 158.8039 161.7608
December 157.9948 151.7918 155.0626