2020 ISK to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.4416. Conversely, the yearly low was recorded on January 27, dropping to 0.3629.
This high-to-low spread represents a total annual volatility of 0.0787 SDG. From a start-to-finish perspective, comparing the January average rate of 0.3670 to the December average rate of 0.4339, the exchange rate registered a net change of 18.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 0.4416 was up 8.05% compared to the 2019 peak of 0.4087, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ISK to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3939, compared to 0.4071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.0455 SDG (High: 0.4356 / Low: 0.3901). On the other end, October was the most stable month, with a tight range of 0.0099 SDG (High: 0.4011 / Low: 0.3912).
Growth Streaks & Declines
TrendsBetween 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 0.0277 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 0.4339) against the same month in 2019 (average: 0.3698), the exchange rate shifted by +0.0641 (+17.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3979 | 0.3629 | 0.3670 |
| February | 0.4318 | 0.3938 | 0.4095 |
| March | 0.4356 | 0.3901 | 0.4107 |
| April | 0.3891 | 0.3756 | 0.3830 |
| May | 0.4073 | 0.3753 | 0.3860 |
| June | 0.4207 | 0.3962 | 0.4074 |
| July | 0.4113 | 0.3925 | 0.3999 |
| August | 0.4101 | 0.3998 | 0.4046 |
| September | 0.4097 | 0.3937 | 0.4014 |
| October | 0.4011 | 0.3912 | 0.3976 |
| November | 0.4161 | 0.3914 | 0.4051 |
| December | 0.4416 | 0.4225 | 0.4339 |