YEARLY HIGH
0.6771 KGS
YEARLY LOW
0.5060 KGS
YEARLY AVERAGE
0.5697 KGS

2020 ISK to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.6771. Conversely, the yearly low was recorded on March 19, dropping to 0.5060.

This high-to-low spread represents a total annual volatility of 0.1711 KGS. From a start-to-finish perspective, comparing the January average rate of 0.5637 to the December average rate of 0.6557, the exchange rate registered a net change of 16.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6771 was up 14.69% compared to the 2019 peak of 0.5904, 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 3,386 KGS
2019 Average 2,823 KGS
Yearly Trough Low 2,530 KGS
Transaction Impact: A difference of 855.68 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6679
0.5214
JanuMarcMayJulySeptNove

ISK to KGS 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 0.5484, compared to 0.5910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 0.5484
H2 Avg (Jul–Dec) 0.5910

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0743 KGS (High: 0.5953 / Low: 0.5210). On the other end, August was the most stable month, with a tight range of 0.0103 KGS (High: 0.5725 / Low: 0.5621).

April Spread (Volatile) ±0.0743
August Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0165 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6557) against the same month in 2019 (average: 0.5708), the exchange rate shifted by +0.0849 (+14.87%).

2020 Avg (December) 0.6557
2019 Avg (December) 0.5708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5741 0.5587 0.5637
February 0.5664 0.5440 0.5520
March 0.5753 0.5060 0.5417
April 0.5953 0.5210 0.5501
May 0.5442 0.5156 0.5336
June 0.5609 0.5363 0.5492
July 0.5723 0.5501 0.5594
August 0.5725 0.5621 0.5665
September 0.5855 0.5569 0.5722
October 0.5844 0.5708 0.5770
November 0.6380 0.5789 0.6151
December 0.6771 0.6309 0.6557