YEARLY HIGH
0.0178 FJD
YEARLY LOW
0.0151 FJD
YEARLY AVERAGE
0.0161 FJD

2020 ISK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0178. Conversely, the yearly low was recorded on September 9, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0027 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0161, the exchange rate registered a net change of -7.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0178 was down 3.52% compared to the 2019 peak of 0.0184, 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 89 FJD
2019 Average 88 FJD
Yearly Trough Low 75 FJD
Transaction Impact: A difference of 13.56 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0178
0.0151
JanuMarcMayJulySeptNove

ISK to FJD 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 0.0165, compared to 0.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0156

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0014 FJD (High: 0.0175 / Low: 0.0161). On the other end, January was the most stable month, with a tight range of 0.0004 FJD (High: 0.0178 / Low: 0.0174).

March Spread (Volatile) ±0.0014
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0174) against the same month in 2019 (average: 0.0177), the exchange rate shifted by -0.0003 (-1.70%).

2020 Avg (February) 0.0174
2019 Avg (February) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0178 0.0174 0.0175
February 0.0178 0.0172 0.0174
March 0.0175 0.0161 0.0169
April 0.0161 0.0152 0.0157
May 0.0163 0.0153 0.0156
June 0.0167 0.0156 0.0160
July 0.0158 0.0152 0.0155
August 0.0158 0.0153 0.0156
September 0.0156 0.0151 0.0154
October 0.0155 0.0151 0.0153
November 0.0157 0.0151 0.0154
December 0.0165 0.0159 0.0161