YEARLY HIGH
0.0063 GBP
YEARLY LOW
0.0054 GBP
YEARLY AVERAGE
0.0058 GBP

2020 ISK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0063. Conversely, the yearly low was recorded on September 2, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0009 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0058, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0063 was down 8.19% compared to the 2019 peak of 0.0068, 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 31 GBP
2019 Average 32 GBP
Yearly Trough Low 27 GBP
Transaction Impact: A difference of 4.30 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0063
0.0055
JanuMarcMayJulySeptNove

ISK to GBP 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 0.0059, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 GBP (High: 0.0062 / Low: 0.0057). On the other end, January was the most stable month, with a tight range of 0.0001 GBP (High: 0.0063 / Low: 0.0061).

March Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0062) against the same month in 2019 (average: 0.0065), the exchange rate shifted by -0.0003 (-4.38%).

2020 Avg (January) 0.0062
2019 Avg (January) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0061 0.0062
February 0.0062 0.0060 0.0061
March 0.0062 0.0057 0.0060
April 0.0057 0.0055 0.0056
May 0.0060 0.0055 0.0057
June 0.0060 0.0058 0.0059
July 0.0058 0.0056 0.0057
August 0.0056 0.0054 0.0056
September 0.0058 0.0054 0.0056
October 0.0056 0.0055 0.0055
November 0.0057 0.0055 0.0055
December 0.0060 0.0057 0.0058