YEARLY HIGH
0.0575 CNY
YEARLY LOW
0.0474 CNY
YEARLY AVERAGE
0.0511 CNY

2020 ISK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0575. Conversely, the yearly low was recorded on November 1, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0102 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0561 to the December average rate of 0.0513, the exchange rate registered a net change of -8.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0575 was down 2.67% compared to the 2019 peak of 0.0591, 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 288 CNY
2019 Average 282 CNY
Yearly Trough Low 237 CNY
Transaction Impact: A difference of 50.82 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0569
0.0476
JanuMarcMayJulySeptNove

ISK to CNY 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 0.0524, compared to 0.0498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0524
H2 Avg (Jul–Dec) 0.0498

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0052 CNY (High: 0.0552 / Low: 0.0500). On the other end, August was the most stable month, with a tight range of 0.0017 CNY (High: 0.0515 / Low: 0.0498).

March Spread (Volatile) ±0.0052
August Spread (Stable) ±0.0017

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 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0561) against the same month in 2019 (average: 0.0568), the exchange rate shifted by -0.0007 (-1.20%).

2020 Avg (January) 0.0561
2019 Avg (January) 0.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0575 0.0553 0.0561
February 0.0565 0.0547 0.0553
March 0.0552 0.0500 0.0522
April 0.0498 0.0480 0.0490
May 0.0525 0.0481 0.0496
June 0.0541 0.0507 0.0522
July 0.0521 0.0497 0.0507
August 0.0515 0.0498 0.0507
September 0.0505 0.0486 0.0495
October 0.0492 0.0474 0.0484
November 0.0495 0.0474 0.0484
December 0.0522 0.0502 0.0513