YEARLY HIGH
185.3637 ISK
YEARLY LOW
159.8756 ISK
YEARLY AVERAGE
173.5813 ISK

2020 FKP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 185.3637. Conversely, the yearly low was recorded on January 14, dropping to 159.8756.

This high-to-low spread represents a total annual volatility of 25.4881 ISK. From a start-to-finish perspective, comparing the January average rate of 161.4539 to the December average rate of 171.3088, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 185.3637 was up 12.57% compared to the 2019 peak of 164.6706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 926,818 ISK
2019 Average 782,499 ISK
Yearly Trough Low 799,378 ISK
Transaction Impact: A difference of 127,440.28 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

182.3643
159.5529
JanuMarcMayJulySeptNove

FKP 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 169.5799, compared to 177.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0027 points.

H1 Avg (Jan–Jun) 169.5799
H2 Avg (Jul–Dec) 177.5827

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 15.2179 ISK (High: 182.8917 / Low: 167.6738). On the other end, January was the most stable month, with a tight range of 3.6519 ISK (High: 163.5275 / Low: 159.8756).

May Spread (Volatile) ±15.2179
January Spread (Stable) ±3.6519

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 November and December, when the average rate fell by 9.1545 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.1545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 178.4648) against the same month in 2019 (average: 154.2988), the exchange rate shifted by +24.1661 (+15.66%).

2020 Avg (September) 178.4648
2019 Avg (September) 154.2988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 163.5275 159.8756 161.4539
February 166.6302 161.5538 164.0642
March 175.8691 161.1933 166.5498
April 183.1200 175.8122 179.2520
May 182.8917 167.6738 176.3131
June 173.3141 165.6254 169.8466
July 177.8537 172.6236 175.2292
August 183.7189 177.1299 179.5985
September 185.3637 173.4448 178.4648
October 182.6921 177.9290 180.4312
November 182.6500 176.8568 180.4633
December 175.6785 168.0075 171.3088