YEARLY HIGH
0.0783 SEK
YEARLY LOW
0.0623 SEK
YEARLY AVERAGE
0.0682 SEK

2020 ISK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0783. Conversely, the yearly low was recorded on September 9, dropping to 0.0623.

This high-to-low spread represents a total annual volatility of 0.0161 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0770 to the December average rate of 0.0656, the exchange rate registered a net change of -14.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0783 was down 1.77% compared to the 2019 peak of 0.0798, 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 392 SEK
2019 Average 386 SEK
Yearly Trough Low 311 SEK
Transaction Impact: A difference of 80.43 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0783
0.0619
JanuMarcMayJulySeptNove

ISK to SEK 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 0.0721, compared to 0.0643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0721
H2 Avg (Jul–Dec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0061 SEK (High: 0.0760 / Low: 0.0699). On the other end, November was the most stable month, with a tight range of 0.0018 SEK (High: 0.0644 / Low: 0.0626).

March Spread (Volatile) ±0.0061
November Spread (Stable) ±0.0018

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 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0765) against the same month in 2019 (average: 0.0772), the exchange rate shifted by -0.0007 (-0.85%).

2020 Avg (February) 0.0765
2019 Avg (February) 0.0772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0783 0.0763 0.0770
February 0.0783 0.0758 0.0765
March 0.0760 0.0699 0.0730
April 0.0708 0.0671 0.0694
May 0.0700 0.0668 0.0678
June 0.0701 0.0672 0.0686
July 0.0672 0.0642 0.0654
August 0.0646 0.0628 0.0638
September 0.0657 0.0623 0.0642
October 0.0646 0.0624 0.0635
November 0.0644 0.0626 0.0633
December 0.0675 0.0643 0.0656