2020 ISK to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 161.0342. Conversely, the yearly low was recorded on October 29, dropping to 2.9661.
This high-to-low spread represents a total annual volatility of 158.0681 KMF. From a start-to-finish perspective, comparing the January average rate of 3.5920 to the December average rate of 8.2683, the exchange rate registered a net change of 130.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 161.0342 was down 11.25% compared to the 2019 peak of 181.4419, 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 KMF 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 3.3308, compared to 3.9188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 157.9102 KMF (High: 161.0342 / Low: 3.1240). On the other end, January was the most stable month, with a tight range of 0.0598 KMF (High: 3.6254 / Low: 3.5656).
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 February and March, when the average rate fell by 0.2487 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 8.2683) against the same month in 2019 (average: 3.6344), the exchange rate shifted by +4.6339 (+127.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6254 | 3.5656 | 3.5920 |
| February | 3.6189 | 3.5300 | 3.5656 |
| March | 3.5334 | 3.1580 | 3.3169 |
| April | 3.1866 | 3.0870 | 3.1392 |
| May | 3.2698 | 3.0845 | 3.1497 |
| June | 3.3088 | 3.1193 | 3.2217 |
| July | 3.1603 | 3.0621 | 3.1104 |
| August | 3.1123 | 2.9857 | 3.0417 |
| September | 3.0754 | 2.9702 | 3.0337 |
| October | 3.0382 | 2.9661 | 3.0116 |
| November | 3.1058 | 2.9840 | 3.0469 |
| December | 161.0342 | 3.1240 | 8.2683 |