2020 FJD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 66.4082. Conversely, the yearly low was recorded on February 2, dropping to 56.2746.
This high-to-low spread represents a total annual volatility of 10.1336 ISK. From a start-to-finish perspective, comparing the January average rate of 57.0041 to the December average rate of 61.9370, the exchange rate registered a net change of 8.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 66.4082 was down 2.29% compared to the 2019 peak of 67.9657, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FJD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 60.6002, compared to 64.2683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6681 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.0228 ISK (High: 62.1547 / Low: 57.1319). On the other end, January was the most stable month, with a tight range of 1.2266 ISK (High: 57.5035 / Low: 56.2769).
Growth Streaks & Declines
TrendsBetween January and May, 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 3.0129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 64.8813) against the same month in 2019 (average: 57.5620), the exchange rate shifted by +7.3192 (+12.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.5035 | 56.2769 | 57.0041 |
| February | 58.0507 | 56.2746 | 57.4520 |
| March | 62.1547 | 57.1319 | 59.2574 |
| April | 65.5901 | 61.9783 | 63.5519 |
| May | 65.3928 | 61.3050 | 64.0009 |
| June | 64.1019 | 59.9909 | 62.3352 |
| July | 65.6570 | 63.3031 | 64.4289 |
| August | 65.3966 | 63.4862 | 64.2404 |
| September | 66.4082 | 63.9172 | 64.8813 |
| October | 66.2447 | 64.4252 | 65.1724 |
| November | 66.1198 | 63.8837 | 64.9499 |
| December | 62.9824 | 60.5793 | 61.9370 |