YEARLY HIGH
0.0352 RON
YEARLY LOW
0.0293 RON
YEARLY AVERAGE
0.0314 RON

2020 ISK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0352. Conversely, the yearly low was recorded on September 9, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0059 RON. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0314, the exchange rate registered a net change of -9.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0352 was down 2.29% compared to the 2019 peak of 0.0361, 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 176 RON
2019 Average 173 RON
Yearly Trough Low 146 RON
Transaction Impact: A difference of 29.69 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0354
0.0293
JanuMarcMayJulySeptNove

ISK to RON 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 0.0326, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0326
H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 RON (High: 0.0346 / Low: 0.0309). On the other end, October was the most stable month, with a tight range of 0.0005 RON (High: 0.0301 / Low: 0.0295).

March Spread (Volatile) ±0.0037
October Spread (Stable) ±0.0005

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 February and March, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0349) against the same month in 2019 (average: 0.0344), the exchange rate shifted by +0.0004 (+1.21%).

2020 Avg (January) 0.0349
2019 Avg (January) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0352 0.0347 0.0349
February 0.0351 0.0344 0.0346
March 0.0346 0.0309 0.0325
April 0.0311 0.0304 0.0308
May 0.0321 0.0303 0.0309
June 0.0325 0.0308 0.0317
July 0.0311 0.0302 0.0305
August 0.0302 0.0295 0.0299
September 0.0303 0.0293 0.0299
October 0.0301 0.0295 0.0298
November 0.0307 0.0296 0.0301
December 0.0320 0.0308 0.0314