YEARLY HIGH
66.4082 ISK
YEARLY LOW
56.2746 ISK
YEARLY AVERAGE
62.4343 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 332,041 ISK
2019 Average 284,400 ISK
Yearly Trough Low 281,373 ISK
Transaction Impact: A difference of 50,668.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

65.9893
56.1873
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 60.6002
H2 Avg (Jul–Dec) 64.2683

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±5.0228
January Spread (Stable) ±1.2266

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.0129

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (September) 64.8813
2019 Avg (September) 57.5620

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