YEARLY HIGH
0.0338 MYR
YEARLY LOW
0.0293 MYR
YEARLY AVERAGE
0.0311 MYR

2020 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0338. Conversely, the yearly low was recorded on May 5, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0045 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0318, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0338 was down 4.82% compared to the 2019 peak of 0.0355, 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 169 MYR
2019 Average 169 MYR
Yearly Trough Low 146 MYR
Transaction Impact: A difference of 22.59 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0333
0.0295
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0316, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0316
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0028 MYR (High: 0.0333 / Low: 0.0304). On the other end, October was the most stable month, with a tight range of 0.0007 MYR (High: 0.0301 / Low: 0.0294).

March Spread (Volatile) ±0.0028
October Spread (Stable) ±0.0007

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 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0330) against the same month in 2019 (average: 0.0344), the exchange rate shifted by -0.0014 (-3.97%).

2020 Avg (January) 0.0330
2019 Avg (January) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0338 0.0326 0.0330
February 0.0333 0.0326 0.0329
March 0.0333 0.0304 0.0319
April 0.0306 0.0295 0.0301
May 0.0320 0.0293 0.0303
June 0.0325 0.0306 0.0315
July 0.0316 0.0303 0.0308
August 0.0312 0.0302 0.0306
September 0.0307 0.0297 0.0301
October 0.0301 0.0294 0.0299
November 0.0306 0.0294 0.0301
December 0.0324 0.0311 0.0318