2020 ISK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |