YEARLY HIGH
0.0059 JOD
YEARLY LOW
0.0048 JOD
YEARLY AVERAGE
0.0053 JOD

2020 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0059. Conversely, the yearly low was recorded on May 6, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0010 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0056, 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 0.0059 was down 3.93% compared to the 2019 peak of 0.0061, 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 29 JOD
2019 Average 29 JOD
Yearly Trough Low 24 JOD
Transaction Impact: A difference of 5.23 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0058
0.0048
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0053, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0053
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 JOD (High: 0.0056 / Low: 0.0050). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0051 / Low: 0.0050).

March Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0057) against the same month in 2019 (average: 0.0059), the exchange rate shifted by -0.0002 (-3.18%).

2020 Avg (January) 0.0057
2019 Avg (January) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0057 0.0057
February 0.0058 0.0055 0.0056
March 0.0056 0.0050 0.0053
April 0.0050 0.0048 0.0049
May 0.0052 0.0048 0.0049
June 0.0054 0.0051 0.0052
July 0.0053 0.0050 0.0051
August 0.0053 0.0051 0.0052
September 0.0053 0.0050 0.0051
October 0.0051 0.0050 0.0051
November 0.0053 0.0050 0.0052
December 0.0057 0.0054 0.0056