YEARLY HIGH
0.6452 AFN
YEARLY LOW
0.5151 AFN
YEARLY AVERAGE
0.5693 AFN

2020 ISK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6452. Conversely, the yearly low was recorded on April 23, dropping to 0.5151.

This high-to-low spread represents a total annual volatility of 0.1301 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6253 to the December average rate of 0.6051, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6452 was down 3.00% compared to the 2019 peak of 0.6651, 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 3,226 AFN
2019 Average 3,178 AFN
Yearly Trough Low 2,576 AFN
Transaction Impact: A difference of 650.46 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6351
0.5177
JanuMarcMayJulySeptNove

ISK to AFN 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 0.5718, compared to 0.5667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.5718
H2 Avg (Jul–Dec) 0.5667

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0627 AFN (High: 0.6008 / Low: 0.5381). On the other end, August was the most stable month, with a tight range of 0.0127 AFN (High: 0.5695 / Low: 0.5568).

March Spread (Volatile) ±0.0627
August Spread (Stable) ±0.0127

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 February and March, when the average rate fell by 0.0416 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6253) against the same month in 2019 (average: 0.6309), the exchange rate shifted by -0.0055 (-0.88%).

2020 Avg (January) 0.6253
2019 Avg (January) 0.6309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6452 0.6155 0.6253
February 0.6264 0.5987 0.6081
March 0.6008 0.5381 0.5665
April 0.5397 0.5151 0.5275
May 0.5639 0.5175 0.5338
June 0.5888 0.5522 0.5694
July 0.5717 0.5463 0.5572
August 0.5695 0.5568 0.5639
September 0.5689 0.5442 0.5576
October 0.5576 0.5442 0.5528
November 0.5793 0.5437 0.5638
December 0.6145 0.5883 0.6051