YEARLY HIGH
0.5893 INR
YEARLY LOW
0.5140 INR
YEARLY AVERAGE
0.5486 INR

2020 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.5893. Conversely, the yearly low was recorded on April 29, dropping to 0.5140.

This high-to-low spread represents a total annual volatility of 0.0753 INR. From a start-to-finish perspective, comparing the January average rate of 0.5772 to the December average rate of 0.5783, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5893 was down 1.84% compared to the 2019 peak of 0.6004, 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 2,947 INR
2019 Average 2,873 INR
Yearly Trough Low 2,570 INR
Transaction Impact: A difference of 376.75 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5833
0.5229
JanuMarcMayJulySeptNove

ISK to INR 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 0.5519, compared to 0.5453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.5519
H2 Avg (Jul–Dec) 0.5453

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0550 INR (High: 0.5834 / Low: 0.5284). On the other end, October was the most stable month, with a tight range of 0.0063 INR (High: 0.5321 / Low: 0.5258).

March Spread (Volatile) ±0.0550
October Spread (Stable) ±0.0063

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 0.0259 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5783) against the same month in 2019 (average: 0.5833), the exchange rate shifted by -0.0050 (-0.85%).

2020 Avg (December) 0.5783
2019 Avg (December) 0.5833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5884 0.5723 0.5772
February 0.5813 0.5601 0.5659
March 0.5834 0.5284 0.5538
April 0.5373 0.5140 0.5279
May 0.5561 0.5152 0.5284
June 0.5743 0.5425 0.5584
July 0.5563 0.5334 0.5415
August 0.5553 0.5318 0.5457
September 0.5436 0.5219 0.5337
October 0.5321 0.5258 0.5292
November 0.5565 0.5282 0.5437
December 0.5893 0.5613 0.5783