2020 TRY to ISK Historical Review

YEARLY HIGH

21.9017 ISK

YEARLY LOW

16.0488 ISK

YEARLY AVERAGE

19.4167 ISK

2020 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 21.9017. Conversely, the yearly low was recorded on December 6, dropping to 16.0488.

This high-to-low spread represents a total annual volatility of 5.8529 ISK. From a start-to-finish perspective, comparing the January average rate of 20.8409 to the December average rate of 16.5442, the exchange rate registered a net change of -20.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.9017 was down 5.61% compared to the 2019 peak of 23.2041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,095,084 ISK

2019 Average 1,079,565 ISK

Yearly Trough Low 802,439 ISK

Transaction Impact: A difference of 292,645.36 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.6950

16.0760

JanuMarcMayJulySeptNove

TRY 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 20.7700, compared to 18.0634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7065 points.

H1 Avg (Jan–Jun) 20.7700

H2 Avg (Jul–Dec) 18.0634

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.8673 ISK (High: 18.0187 / Low: 16.1513). On the other end, January was the most stable month, with a tight range of 0.7065 ISK (High: 21.0600 / Low: 20.3534).

November Spread (Volatile) ±1.8673

January Spread (Stable) ±0.7065

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3520 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 21.2267) against the same month in 2019 (average: 21.8668), the exchange rate shifted by -0.6401 (-2.93%).

2020 Avg (March) 21.2267

2019 Avg (March) 21.8668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.0600	20.3534	20.8409
February	21.0415	20.2941	20.8565
March	21.9017	20.2536	21.2267
April	21.6366	20.7427	21.0825
May	21.1498	19.9315	20.7042
June	20.3670	19.4525	19.9089
July	20.5274	19.2704	20.1364
August	19.5383	18.3327	18.7844
September	18.8296	17.6533	18.2583
October	17.8406	16.8999	17.4933
November	18.0187	16.1513	17.1639
December	17.2578	16.0488	16.5442

૨૦૨૫ TRY થી ISK ઐતિહાસિક સમીક્ષા