2020 ISK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 120.6388. Conversely, the yearly low was recorded on May 8, dropping to 100.9771.
This high-to-low spread represents a total annual volatility of 19.6618 IDR. From a start-to-finish perspective, comparing the January average rate of 111.1260 to the December average rate of 110.8158, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 120.6388 was down 2.26% compared to the 2019 peak of 123.4238, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ISK to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 108.2884, compared to 106.7830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 12.3747 IDR (High: 120.6388 / Low: 108.2642). On the other end, November was the most stable month, with a tight range of 3.7774 IDR (High: 106.0317 / Low: 102.2544).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.5212 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 112.5500) against the same month in 2019 (average: 118.6362), the exchange rate shifted by -6.0862 (-5.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.7760 | 106.0022 | 111.1260 |
| February | 111.9600 | 107.0680 | 108.6853 |
| March | 120.6388 | 108.2642 | 112.5500 |
| April | 115.6658 | 104.0861 | 109.1177 |
| May | 108.1357 | 100.9771 | 103.5964 |
| June | 108.0860 | 101.3358 | 104.6553 |
| July | 108.2079 | 101.9687 | 105.0098 |
| August | 109.5257 | 105.6915 | 107.4668 |
| September | 110.3097 | 105.2510 | 107.6278 |
| October | 107.3585 | 103.4344 | 105.7649 |
| November | 106.0317 | 102.2544 | 104.0126 |
| December | 112.7369 | 107.8870 | 110.8158 |