YEARLY HIGH
474.8048 IRR
YEARLY LOW
285.7676 IRR
YEARLY AVERAGE
312.3623 IRR

2020 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 474.8048. Conversely, the yearly low was recorded on May 6, dropping to 285.7676.

This high-to-low spread represents a total annual volatility of 189.0372 IRR. From a start-to-finish perspective, comparing the January average rate of 341.0196 to the December average rate of 330.5657, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 474.8048 was up 31.14% compared to the 2019 peak of 362.0606, 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 2,374,024 IRR
2019 Average 1,720,255 IRR
Yearly Trough Low 1,428,838 IRR
Transaction Impact: A difference of 945,185.97 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

345.9628
286.6437
JanuMarcMayJulySeptNove

ISK to IRR 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 313.8054, compared to 310.9193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8861 points.

H1 Avg (Jan–Jun) 313.8054
H2 Avg (Jul–Dec) 310.9193

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 175.9758 IRR (High: 474.8048 / Low: 298.8290). On the other end, October was the most stable month, with a tight range of 7.5263 IRR (High: 305.5515 / Low: 298.0252).

July Spread (Volatile) ±175.9758
October Spread (Stable) ±7.5263

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 21.4984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -21.4984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 310.0178) against the same month in 2019 (average: 337.9031), the exchange rate shifted by -27.8852 (-8.25%).

2020 Avg (July) 310.0178
2019 Avg (July) 337.9031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 347.8315 337.6774 341.0196
February 342.5905 327.9206 332.8672
March 332.3467 297.0371 313.0854
April 296.2637 285.9811 291.5870
May 310.0059 285.7676 293.9342
June 320.4826 301.5469 310.3391
July 474.8048 298.8290 310.0178
August 312.1201 304.4248 308.0419
September 311.9120 299.7224 305.5993
October 305.5515 298.0252 302.8652
November 316.7933 297.9733 308.4257
December 336.2008 321.6823 330.5657