YEARLY HIGH
0.1325 EGP
YEARLY LOW
0.1064 EGP
YEARLY AVERAGE
0.1171 EGP

2020 ISK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1325. Conversely, the yearly low was recorded on May 9, dropping to 0.1064.

This high-to-low spread represents a total annual volatility of 0.0261 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1288 to the December average rate of 0.1232, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1325 was down 13.92% compared to the 2019 peak of 0.1540, 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 663 EGP
2019 Average 686 EGP
Yearly Trough Low 532 EGP
Transaction Impact: A difference of 130.51 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1307
0.1072
JanuMarcMayJulySeptNove

ISK to EGP 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 0.1179, compared to 0.1163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1179
H2 Avg (Jul–Dec) 0.1163

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0123 EGP (High: 0.1233 / Low: 0.1110). On the other end, October was the most stable month, with a tight range of 0.0031 EGP (High: 0.1141 / Low: 0.1110).

March Spread (Volatile) ±0.0123
October Spread (Stable) ±0.0031

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 0.0074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1288) against the same month in 2019 (average: 0.1494), the exchange rate shifted by -0.0206 (-13.81%).

2020 Avg (January) 0.1288
2019 Avg (January) 0.1494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1325 0.1265 0.1288
February 0.1285 0.1212 0.1240
March 0.1233 0.1110 0.1166
April 0.1111 0.1070 0.1092
May 0.1164 0.1064 0.1100
June 0.1236 0.1159 0.1191
July 0.1188 0.1134 0.1157
August 0.1186 0.1147 0.1166
September 0.1168 0.1124 0.1145
October 0.1141 0.1110 0.1130
November 0.1177 0.1112 0.1146
December 0.1251 0.1196 0.1232