YEARLY HIGH
0.0686 SBD
YEARLY LOW
0.0561 SBD
YEARLY AVERAGE
0.0610 SBD

2020 ISK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0686. Conversely, the yearly low was recorded on May 6, dropping to 0.0561.

This high-to-low spread represents a total annual volatility of 0.0125 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0671 to the December average rate of 0.0631, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0686 was down 3.08% compared to the 2019 peak of 0.0708, 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 343 SBD
2019 Average 335 SBD
Yearly Trough Low 281 SBD
Transaction Impact: A difference of 62.42 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0680
0.0566
JanuMarcMayJulySeptNove

ISK to SBD 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 0.0618, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0618
H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0088 SBD (High: 0.0671 / Low: 0.0583). On the other end, August was the most stable month, with a tight range of 0.0015 SBD (High: 0.0613 / Low: 0.0598).

March Spread (Volatile) ±0.0088
August Spread (Stable) ±0.0015

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 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0671) against the same month in 2019 (average: 0.0678), the exchange rate shifted by -0.0007 (-1.01%).

2020 Avg (January) 0.0671
2019 Avg (January) 0.0678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0686 0.0659 0.0671
February 0.0672 0.0642 0.0652
March 0.0671 0.0583 0.0616
April 0.0585 0.0565 0.0576
May 0.0614 0.0561 0.0581
June 0.0635 0.0597 0.0615
July 0.0615 0.0592 0.0602
August 0.0613 0.0598 0.0604
September 0.0605 0.0580 0.0594
October 0.0592 0.0573 0.0584
November 0.0606 0.0571 0.0591
December 0.0644 0.0614 0.0631