YEARLY HIGH
0.0573 BOB
YEARLY LOW
0.0468 BOB
YEARLY AVERAGE
0.0511 BOB

2020 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0573. Conversely, the yearly low was recorded on May 6, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0105 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0560 to the December average rate of 0.0541, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0573 was down 3.51% compared to the 2019 peak of 0.0594, 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 287 BOB
2019 Average 282 BOB
Yearly Trough Low 234 BOB
Transaction Impact: A difference of 52.71 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0568
0.0469
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0514, compared to 0.0508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0514
H2 Avg (Jul–Dec) 0.0508

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0060 BOB (High: 0.0546 / Low: 0.0485). On the other end, October was the most stable month, with a tight range of 0.0012 BOB (High: 0.0501 / Low: 0.0489).

March Spread (Volatile) ±0.0060
October Spread (Stable) ±0.0012

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 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0560) against the same month in 2019 (average: 0.0577), the exchange rate shifted by -0.0017 (-2.99%).

2020 Avg (January) 0.0560
2019 Avg (January) 0.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0573 0.0555 0.0560
February 0.0562 0.0539 0.0547
March 0.0546 0.0485 0.0512
April 0.0485 0.0468 0.0477
May 0.0508 0.0468 0.0481
June 0.0526 0.0495 0.0509
July 0.0514 0.0490 0.0499
August 0.0512 0.0499 0.0505
September 0.0512 0.0492 0.0501
October 0.0501 0.0489 0.0497
November 0.0520 0.0489 0.0505
December 0.0551 0.0528 0.0541