YEARLY HIGH
0.0550 DKK
YEARLY LOW
0.0449 DKK
YEARLY AVERAGE
0.0484 DKK

2020 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0550. Conversely, the yearly low was recorded on September 9, dropping to 0.0449.

This high-to-low spread represents a total annual volatility of 0.0101 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0545 to the December average rate of 0.0480, the exchange rate registered a net change of -11.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0550 was down 2.75% compared to the 2019 peak of 0.0566, 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 275 DKK
2019 Average 272 DKK
Yearly Trough Low 224 DKK
Transaction Impact: A difference of 50.69 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0554
0.0446
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0505, compared to 0.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0505
H2 Avg (Jul–Dec) 0.0464

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0056 DKK (High: 0.0534 / Low: 0.0478). On the other end, January was the most stable month, with a tight range of 0.0008 DKK (High: 0.0550 / Low: 0.0542).

March Spread (Volatile) ±0.0056
January Spread (Stable) ±0.0008

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 0.0039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0545) against the same month in 2019 (average: 0.0546), the exchange rate shifted by -0.0001 (-0.24%).

2020 Avg (January) 0.0545
2019 Avg (January) 0.0546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0550 0.0542 0.0545
February 0.0548 0.0535 0.0541
March 0.0534 0.0478 0.0502
April 0.0481 0.0467 0.0476
May 0.0494 0.0468 0.0477
June 0.0501 0.0475 0.0488
July 0.0478 0.0465 0.0470
August 0.0466 0.0454 0.0461
September 0.0464 0.0449 0.0458
October 0.0459 0.0451 0.0455
November 0.0469 0.0453 0.0460
December 0.0490 0.0471 0.0480