YEARLY HIGH
1.9457 ISK
YEARLY LOW
1.6969 ISK
YEARLY AVERAGE
1.8250 ISK

2020 INR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.9457. Conversely, the yearly low was recorded on December 6, dropping to 1.6969.

This high-to-low spread represents a total annual volatility of 0.2488 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7326 to the December average rate of 1.7293, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9457 was up 5.30% compared to the 2019 peak of 1.8477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 486,425 ISK
2019 Average 435,298 ISK
Yearly Trough Low 424,230 ISK
Transaction Impact: A difference of 62,195.60 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9111
1.7128
JanuMarcMayJulySeptNove

INR 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 1.8146, compared to 1.8355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 1.8146
H2 Avg (Jul–Dec) 1.8355

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1783 ISK (High: 1.8925 / Low: 1.7141). On the other end, October was the most stable month, with a tight range of 0.0227 ISK (High: 1.9019 / Low: 1.8793).

March Spread (Volatile) ±0.1783
October Spread (Stable) ±0.0227

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 0.1104 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.8946) against the same month in 2019 (average: 1.7353), the exchange rate shifted by +0.1593 (+9.18%).

2020 Avg (April) 1.8946
2019 Avg (April) 1.7353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7475 1.6995 1.7326
February 1.7855 1.7204 1.7674
March 1.8925 1.7141 1.8078
April 1.9457 1.8610 1.8946
May 1.9410 1.7984 1.8937
June 1.8434 1.7411 1.7916
July 1.8747 1.7977 1.8470
August 1.8805 1.8010 1.8330
September 1.9160 1.8394 1.8741
October 1.9019 1.8793 1.8898
November 1.8933 1.7970 1.8397
December 1.7816 1.6969 1.7293