YEARLY HIGH
0.3097 ETB
YEARLY LOW
0.2235 ETB
YEARLY AVERAGE
0.2587 ETB

2020 ISK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3097. Conversely, the yearly low was recorded on April 22, dropping to 0.2235.

This high-to-low spread represents a total annual volatility of 0.0862 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2596 to the December average rate of 0.3039, the exchange rate registered a net change of 17.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3097 was up 17.37% compared to the 2019 peak of 0.2639, 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 1,549 ETB
2019 Average 1,192 ETB
Yearly Trough Low 1,118 ETB
Transaction Impact: A difference of 431.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3114
0.2214
JanuMarcMayJulySeptNove

ISK to ETB 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 0.2456, compared to 0.2718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.2456
H2 Avg (Jul–Dec) 0.2718

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0260 ETB (High: 0.2518 / Low: 0.2258). On the other end, October was the most stable month, with a tight range of 0.0044 ETB (High: 0.2702 / Low: 0.2657).

May Spread (Volatile) ±0.0260
October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0135 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3039) against the same month in 2019 (average: 0.2580), the exchange rate shifted by +0.0458 (+17.77%).

2020 Avg (December) 0.3039
2019 Avg (December) 0.2580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2650 0.2564 0.2596
February 0.2610 0.2492 0.2537
March 0.2556 0.2317 0.2423
April 0.2336 0.2235 0.2289
May 0.2518 0.2258 0.2356
June 0.2612 0.2462 0.2535
July 0.2616 0.2496 0.2544
August 0.2650 0.2576 0.2615
September 0.2705 0.2589 0.2659
October 0.2702 0.2657 0.2676
November 0.2868 0.2675 0.2774
December 0.3097 0.2920 0.3039