2020 ISK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 74.0870. Conversely, the yearly low was recorded on April 23, dropping to 60.5523.
This high-to-low spread represents a total annual volatility of 13.5347 LAK. From a start-to-finish perspective, comparing the January average rate of 71.9513 to the December average rate of 72.9098, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 74.0870 was up 0.55% compared to the 2019 peak of 73.6807, 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 LAK 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 66.6481, compared to 67.6023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9542 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7.2761 LAK (High: 70.3449 / Low: 63.0688). On the other end, October was the most stable month, with a tight range of 1.3979 LAK (High: 67.0082 / Low: 65.6104).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.1819 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 72.9098) against the same month in 2019 (average: 72.7233), the exchange rate shifted by +0.1866 (+0.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.7760 | 71.2234 | 71.9513 |
| February | 72.2328 | 69.3251 | 70.3350 |
| March | 70.3449 | 63.0688 | 66.2583 |
| April | 63.0530 | 60.5523 | 62.0764 |
| May | 66.2916 | 60.9113 | 62.7954 |
| June | 68.5873 | 64.6709 | 66.4722 |
| July | 67.4251 | 64.1581 | 65.4444 |
| August | 67.2387 | 65.8090 | 66.5287 |
| September | 67.7359 | 64.8859 | 66.3108 |
| October | 67.0082 | 65.6104 | 66.4883 |
| November | 69.8819 | 65.4692 | 67.9317 |
| December | 74.0870 | 70.8813 | 72.9098 |