YEARLY HIGH
0.9484 NPR
YEARLY LOW
0.8229 NPR
YEARLY AVERAGE
0.8770 NPR

2020 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9484. Conversely, the yearly low was recorded on May 3, dropping to 0.8229.

This high-to-low spread represents a total annual volatility of 0.1255 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9231 to the December average rate of 0.9249, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9484 was down 0.98% compared to the 2019 peak of 0.9578, 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 4,742 NPR
2019 Average 4,594 NPR
Yearly Trough Low 4,115 NPR
Transaction Impact: A difference of 627.36 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9330
0.8355
JanuMarcMayJulySeptNove

ISK to NPR 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 0.8819, compared to 0.8722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.8819
H2 Avg (Jul–Dec) 0.8722

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0825 NPR (High: 0.9296 / Low: 0.8471). On the other end, October was the most stable month, with a tight range of 0.0130 NPR (High: 0.8538 / Low: 0.8407).

March Spread (Volatile) ±0.0825
October Spread (Stable) ±0.0130

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 0.0399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.9231) against the same month in 2019 (average: 0.9442), the exchange rate shifted by -0.0211 (-2.24%).

2020 Avg (January) 0.9231
2019 Avg (January) 0.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9484 0.9142 0.9231
February 0.9272 0.8943 0.9038
March 0.9296 0.8471 0.8835
April 0.8573 0.8273 0.8436
May 0.8911 0.8229 0.8442
June 0.9205 0.8667 0.8930
July 0.8896 0.8526 0.8668
August 0.8876 0.8530 0.8728
September 0.8689 0.8356 0.8524
October 0.8538 0.8407 0.8463
November 0.8912 0.8440 0.8701
December 0.9420 0.9006 0.9249