YEARLY HIGH
0.0127 NZD
YEARLY LOW
0.0105 NZD
YEARLY AVERAGE
0.0114 NZD

2020 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.0127. Conversely, the yearly low was recorded on November 11, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0022 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0111, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0127 was down 1.53% compared to the 2019 peak of 0.0129, 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 64 NZD
2019 Average 62 NZD
Yearly Trough Low 53 NZD
Transaction Impact: A difference of 10.99 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0125
0.0105
JanuMarcMayJulySeptNove

ISK to NZD 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 0.0119, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0119
H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0009 NZD (High: 0.0127 / Low: 0.0118). On the other end, November was the most stable month, with a tight range of 0.0002 NZD (High: 0.0107 / Low: 0.0105).

March Spread (Volatile) ±0.0009
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0123) against the same month in 2019 (average: 0.0122), the exchange rate shifted by +0.0001 (+0.71%).

2020 Avg (March) 0.0123
2019 Avg (March) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0121 0.0122
February 0.0126 0.0122 0.0124
March 0.0127 0.0118 0.0123
April 0.0119 0.0111 0.0115
May 0.0119 0.0111 0.0115
June 0.0118 0.0111 0.0114
July 0.0111 0.0108 0.0110
August 0.0112 0.0108 0.0111
September 0.0111 0.0106 0.0109
October 0.0110 0.0106 0.0108
November 0.0107 0.0105 0.0107
December 0.0113 0.0108 0.0111