YEARLY HIGH
0.2061 HNL
YEARLY LOW
0.1692 HNL
YEARLY AVERAGE
0.1832 HNL

2020 ISK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2061. Conversely, the yearly low was recorded on April 23, dropping to 0.1692.

This high-to-low spread represents a total annual volatility of 0.0369 HNL. From a start-to-finish perspective, comparing the January average rate of 0.2007 to the December average rate of 0.1903, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2061 was down 2.01% compared to the 2019 peak of 0.2103, 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 1,031 HNL
2019 Average 1,002 HNL
Yearly Trough Low 846 HNL
Transaction Impact: A difference of 184.70 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2036
0.1697
JanuMarcMayJulySeptNove

ISK to HNL 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 0.1854, compared to 0.1810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1854
H2 Avg (Jul–Dec) 0.1810

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0210 HNL (High: 0.1968 / Low: 0.1758). On the other end, October was the most stable month, with a tight range of 0.0045 HNL (High: 0.1786 / Low: 0.1742).

March Spread (Volatile) ±0.0210
October Spread (Stable) ±0.0045

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 0.0124 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2007) against the same month in 2019 (average: 0.2042), the exchange rate shifted by -0.0034 (-1.68%).

2020 Avg (January) 0.2007
2019 Avg (January) 0.2042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2061 0.1985 0.2007
February 0.2018 0.1925 0.1962
March 0.1968 0.1758 0.1849
April 0.1754 0.1692 0.1725
May 0.1837 0.1696 0.1743
June 0.1901 0.1787 0.1837
July 0.1852 0.1756 0.1799
August 0.1842 0.1783 0.1809
September 0.1834 0.1763 0.1793
October 0.1786 0.1742 0.1768
November 0.1826 0.1739 0.1787
December 0.1939 0.1856 0.1903