YEARLY HIGH
0.4673 ISK
YEARLY LOW
0.4030 ISK
YEARLY AVERAGE
0.4396 ISK

2020 HUF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.4673. Conversely, the yearly low was recorded on January 29, dropping to 0.4030.

This high-to-low spread represents a total annual volatility of 0.0643 ISK. From a start-to-finish perspective, comparing the January average rate of 0.4104 to the December average rate of 0.4320, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4673 was up 6.28% compared to the 2019 peak of 0.4397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 467,289 ISK
2019 Average 421,918 ISK
Yearly Trough Low 403,020 ISK
Transaction Impact: A difference of 64,268.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4692
0.4037
JanuMarcMayJulySeptNove

HUF 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 0.4294, compared to 0.4498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.4294
H2 Avg (Jul–Dec) 0.4498

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0321 ISK (High: 0.4447 / Low: 0.4126). On the other end, August was the most stable month, with a tight range of 0.0086 ISK (High: 0.4673 / Low: 0.4587).

March Spread (Volatile) ±0.0321
August Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between February and May, 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 0.0173 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.4637) against the same month in 2019 (average: 0.4209), the exchange rate shifted by +0.0428 (+10.17%).

2020 Avg (August) 0.4637
2019 Avg (August) 0.4209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4167 0.4030 0.4104
February 0.4130 0.4043 0.4092
March 0.4447 0.4126 0.4312
April 0.4518 0.4247 0.4402
May 0.4546 0.4313 0.4457
June 0.4480 0.4313 0.4394
July 0.4650 0.4417 0.4516
August 0.4673 0.4587 0.4637
September 0.4643 0.4419 0.4506
October 0.4579 0.4474 0.4514
November 0.4567 0.4396 0.4493
December 0.4432 0.4231 0.4320