YEARLY HIGH
0.0156 ISK
YEARLY LOW
0.0126 ISK
YEARLY AVERAGE
0.0141 ISK

2020 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0156. Conversely, the yearly low was recorded on January 1, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0030 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0128, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0156 was up 12.99% compared to the 2019 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 ISK
2019 Average 66 ISK
Yearly Trough Low 63 ISK
Transaction Impact: A difference of 15.19 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0155
0.0126
JanuMarcMayJulySeptNove

GNF 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 0.0142, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0142
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 ISK (High: 0.0150 / Low: 0.0134). On the other end, August was the most stable month, with a tight range of 0.0003 ISK (High: 0.0143 / Low: 0.0140).

March Spread (Volatile) ±0.0016
August Spread (Stable) ±0.0003

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0151) against the same month in 2019 (average: 0.0134), the exchange rate shifted by +0.0018 (+13.22%).

2020 Avg (May) 0.0151
2019 Avg (May) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0126 0.0130
February 0.0136 0.0129 0.0134
March 0.0150 0.0134 0.0142
April 0.0155 0.0150 0.0152
May 0.0156 0.0143 0.0151
June 0.0145 0.0138 0.0142
July 0.0147 0.0140 0.0144
August 0.0143 0.0140 0.0142
September 0.0145 0.0140 0.0142
October 0.0144 0.0141 0.0142
November 0.0144 0.0135 0.0139
December 0.0133 0.0127 0.0128