YEARLY HIGH
0.0035 ISK
YEARLY LOW
0.0021 ISK
YEARLY AVERAGE
0.0032 ISK

2020 IRR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0035. Conversely, the yearly low was recorded on July 7, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0014 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0030, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0035 was up 16.06% compared to the 2019 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 ISK
2019 Average 15 ISK
Yearly Trough Low 11 ISK
Transaction Impact: A difference of 6.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0035
0.0029
JanuMarcMayJulySeptNove

IRR 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 0.0032, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0032
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0012 ISK (High: 0.0033 / Low: 0.0021). On the other end, August was the most stable month, with a tight range of 0.0001 ISK (High: 0.0033 / Low: 0.0032).

July Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0034) against the same month in 2019 (average: 0.0029), the exchange rate shifted by +0.0005 (+16.89%).

2020 Avg (May) 0.0034
2019 Avg (May) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0029 0.0029
February 0.0030 0.0029 0.0030
March 0.0034 0.0030 0.0032
April 0.0035 0.0034 0.0034
May 0.0035 0.0032 0.0034
June 0.0033 0.0031 0.0032
July 0.0033 0.0021 0.0032
August 0.0033 0.0032 0.0032
September 0.0033 0.0032 0.0033
October 0.0034 0.0033 0.0033
November 0.0034 0.0032 0.0032
December 0.0031 0.0030 0.0030