YEARLY HIGH
22.7783 MNT
YEARLY LOW
18.9054 MNT
YEARLY AVERAGE
20.7912 MNT

2020 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 22.7783. Conversely, the yearly low was recorded on May 6, dropping to 18.9054.

This high-to-low spread represents a total annual volatility of 3.8729 MNT. From a start-to-finish perspective, comparing the January average rate of 21.8924 to the December average rate of 22.3987, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.7783 was up 2.15% compared to the 2019 peak of 22.2983, 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 113,891 MNT
2019 Average 104,979 MNT
Yearly Trough Low 94,527 MNT
Transaction Impact: A difference of 19,364.51 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.7110
18.9627
JanuMarcMayJulySeptNove

ISK to MNT 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 20.6058, compared to 20.9765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3707 points.

H1 Avg (Jan–Jun) 20.6058
H2 Avg (Jul–Dec) 20.9765

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.2729 MNT (High: 21.7596 / Low: 19.4867). On the other end, August was the most stable month, with a tight range of 0.4928 MNT (High: 21.1018 / Low: 20.6090).

March Spread (Volatile) ±2.2729
August Spread (Stable) ±0.4928

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 1.2353 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 22.3987) against the same month in 2019 (average: 22.0962), the exchange rate shifted by +0.3025 (+1.37%).

2020 Avg (December) 22.3987
2019 Avg (December) 22.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.3056 21.6938 21.8924
February 22.0128 21.4327 21.7101
March 21.7596 19.4867 20.5103
April 19.5853 18.9238 19.2751
May 20.6450 18.9054 19.5081
June 21.3252 20.2043 20.7389
July 21.1739 20.0921 20.5032
August 21.1018 20.6090 20.8396
September 21.1510 20.2579 20.7604
October 20.7466 20.1441 20.5022
November 21.4633 20.2128 20.8551
December 22.7783 21.7931 22.3987