YEARLY HIGH
0.0303 AED
YEARLY LOW
0.0249 AED
YEARLY AVERAGE
0.0272 AED

2020 ISK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0303. Conversely, the yearly low was recorded on May 6, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0054 AED. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0288, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0303 was down 3.86% compared to the 2019 peak of 0.0316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152 AED
2019 Average 150 AED
Yearly Trough Low 125 AED
Transaction Impact: A difference of 27.08 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0302
0.0250
JanuMarcMayJulySeptNove

ISK to AED 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 0.0274, compared to 0.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0274
H2 Avg (Jul–Dec) 0.0270

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0031 AED (High: 0.0290 / Low: 0.0259). On the other end, October was the most stable month, with a tight range of 0.0007 AED (High: 0.0267 / Low: 0.0260).

March Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0297) against the same month in 2019 (average: 0.0307), the exchange rate shifted by -0.0009 (-3.08%).

2020 Avg (January) 0.0297
2019 Avg (January) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0303 0.0295 0.0297
February 0.0299 0.0286 0.0290
March 0.0290 0.0259 0.0273
April 0.0258 0.0249 0.0254
May 0.0270 0.0249 0.0256
June 0.0280 0.0263 0.0271
July 0.0273 0.0261 0.0266
August 0.0272 0.0266 0.0269
September 0.0272 0.0261 0.0267
October 0.0267 0.0260 0.0264
November 0.0276 0.0260 0.0269
December 0.0293 0.0281 0.0288