2020 ISK to NOK Historical Review

YEARLY HIGH

0.0838 NOK

YEARLY LOW

0.0635 NOK

YEARLY AVERAGE

0.0696 NOK

2020 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0838. Conversely, the yearly low was recorded on August 31, dropping to 0.0635.

This high-to-low spread represents a total annual volatility of 0.0203 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0724 to the December average rate of 0.0683, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0838 was up 10.33% compared to the 2019 peak of 0.0760, 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 419 NOK

2019 Average 359 NOK

Yearly Trough Low 317 NOK

Transaction Impact: A difference of 101.68 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0773

0.0644

JanuMarcMayJulySeptNove

ISK to NOK 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 0.0725, compared to 0.0668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0725

H2 Avg (Jul–Dec) 0.0668

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0113 NOK (High: 0.0838 / Low: 0.0725). On the other end, October was the most stable month, with a tight range of 0.0018 NOK (High: 0.0675 / Low: 0.0657).

March Spread (Volatile) ±0.0113

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, 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 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0762) against the same month in 2019 (average: 0.0718), the exchange rate shifted by +0.0044 (+6.16%).

2020 Avg (March) 0.0762

2019 Avg (March) 0.0718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0748	0.0717	0.0724
February	0.0749	0.0727	0.0734
March	0.0838	0.0725	0.0762
April	0.0737	0.0704	0.0722
May	0.0720	0.0693	0.0704
June	0.0717	0.0688	0.0703
July	0.0687	0.0660	0.0672
August	0.0671	0.0635	0.0655
September	0.0688	0.0635	0.0664
October	0.0675	0.0657	0.0669
November	0.0680	0.0654	0.0665
December	0.0703	0.0672	0.0683