YEARLY HIGH
2.4813 HUF
YEARLY LOW
2.1400 HUF
YEARLY AVERAGE
2.2783 HUF

2020 ISK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 2.4813. Conversely, the yearly low was recorded on August 10, dropping to 2.1400.

This high-to-low spread represents a total annual volatility of 0.3413 HUF. From a start-to-finish perspective, comparing the January average rate of 2.4369 to the December average rate of 2.3150, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4813 was down 0.97% compared to the 2019 peak of 2.5056, 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 12,406 HUF
2019 Average 11,857 HUF
Yearly Trough Low 10,700 HUF
Transaction Impact: A difference of 1,706.32 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4727
2.1277
JanuMarcMayJulySeptNove

ISK to HUF 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 2.3322, compared to 2.2245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1077 points.

H1 Avg (Jan–Jun) 2.3322
H2 Avg (Jul–Dec) 2.2245

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1749 HUF (High: 2.4237 / Low: 2.2488). On the other end, August was the most stable month, with a tight range of 0.0400 HUF (High: 2.1800 / Low: 2.1400).

March Spread (Volatile) ±0.1749
August Spread (Stable) ±0.0400

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 February and March, when the average rate fell by 0.1243 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.4369) against the same month in 2019 (average: 2.3391), the exchange rate shifted by +0.0978 (+4.18%).

2020 Avg (January) 2.4369
2019 Avg (January) 2.3391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4813 2.3996 2.4369
February 2.4734 2.4214 2.4439
March 2.4237 2.2488 2.3196
April 2.3548 2.2136 2.2724
May 2.3185 2.1998 2.2439
June 2.3185 2.2322 2.2762
July 2.2638 2.1506 2.2147
August 2.1800 2.1400 2.1564
September 2.2631 2.1536 2.2195
October 2.2349 2.1840 2.2155
November 2.2745 2.1897 2.2261
December 2.3635 2.2564 2.3150