YEARLY HIGH
29.8949 COP
YEARLY LOW
25.6139 COP
YEARLY AVERAGE
27.2617 COP

2020 ISK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 29.8949. Conversely, the yearly low was recorded on July 10, dropping to 25.6139.

This high-to-low spread represents a total annual volatility of 4.2809 COP. From a start-to-finish perspective, comparing the January average rate of 26.8131 to the December average rate of 27.1846, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 29.8949 was up 3.40% compared to the 2019 peak of 28.9105, 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 149,474 COP
2019 Average 133,818 COP
Yearly Trough Low 128,070 COP
Transaction Impact: A difference of 21,404.72 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.9941
26.1500
JanuMarcMayJulySeptNove

ISK to COP 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 27.3558, compared to 27.1675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1883 points.

H1 Avg (Jan–Jun) 27.3558
H2 Avg (Jul–Dec) 27.1675

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.8375 COP (High: 29.8949 / Low: 27.0574). On the other end, August was the most stable month, with a tight range of 0.7951 COP (High: 27.9989 / Low: 27.2038).

March Spread (Volatile) ±2.8375
August Spread (Stable) ±0.7951

Growth Streaks & Declines

Trends

Between January and March, 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 1.2742 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 28.7571) against the same month in 2019 (average: 26.0848), the exchange rate shifted by +2.6724 (+10.24%).

2020 Avg (March) 28.7571
2019 Avg (March) 26.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.8032 26.1811 26.8131
February 27.8032 26.2639 26.9298
March 29.8949 27.0574 28.7571
April 28.6623 26.7725 27.4829
May 27.4064 26.3948 26.8579
June 28.0583 26.6444 27.2940
July 27.5493 25.6139 26.3870
August 27.9989 27.2038 27.6573
September 28.0616 26.2352 27.2267
October 27.9724 27.0972 27.5694
November 27.6693 26.3631 26.9802
December 27.9065 26.5963 27.1846