YEARLY HIGH
0.4234 GMD
YEARLY LOW
0.3465 GMD
YEARLY AVERAGE
0.3813 GMD

2020 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4234. Conversely, the yearly low was recorded on April 23, dropping to 0.3465.

This high-to-low spread represents a total annual volatility of 0.0769 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4145 to the December average rate of 0.4063, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4234 was down 0.62% compared to the 2019 peak of 0.4260, 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 2,117 GMD
2019 Average 2,044 GMD
Yearly Trough Low 1,732 GMD
Transaction Impact: A difference of 384.56 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4206
0.3470
JanuMarcMayJulySeptNove

ISK to GMD 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 0.3814, compared to 0.3811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3814
H2 Avg (Jul–Dec) 0.3811

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0434 GMD (High: 0.4028 / Low: 0.3594). On the other end, October was the most stable month, with a tight range of 0.0093 GMD (High: 0.3756 / Low: 0.3664).

March Spread (Volatile) ±0.0434
October Spread (Stable) ±0.0093

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 0.0254 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4145) against the same month in 2019 (average: 0.4137), the exchange rate shifted by +0.0008 (+0.20%).

2020 Avg (January) 0.4145
2019 Avg (January) 0.4137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4234 0.4102 0.4145
February 0.4154 0.3972 0.4034
March 0.4028 0.3594 0.3785
April 0.3590 0.3465 0.3532
May 0.3793 0.3470 0.3584
June 0.3920 0.3700 0.3802
July 0.3854 0.3673 0.3742
August 0.3844 0.3745 0.3791
September 0.3834 0.3687 0.3757
October 0.3756 0.3664 0.3723
November 0.3894 0.3662 0.3792
December 0.4132 0.3954 0.4063