2020 ISK to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ISK to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ISK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 80.9852. Conversely, the yearly low was recorded on April 6, dropping to 52.8023.
This high-to-low spread represents a total annual volatility of 28.1829 SLL. From a start-to-finish perspective, comparing the January average rate of 60.6443 to the December average rate of 79.5120, the exchange rate registered a net change of 31.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 80.9852 was up 6.20% compared to the 2019 peak of 76.2607, 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 SLL 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 63.2558, compared to 73.1213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 15.5203 SLL (High: 68.3226 / Low: 52.8023). On the other end, August was the most stable month, with a tight range of 1.3603 SLL (High: 72.8415 / Low: 71.4813).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.3991 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 79.5120) against the same month in 2019 (average: 61.2785), the exchange rate shifted by +18.2336 (+29.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.8591 | 60.0533 | 60.6443 |
| February | 60.8488 | 59.2329 | 59.9127 |
| March | 60.0455 | 53.6367 | 56.5135 |
| April | 68.3226 | 52.8023 | 62.4492 |
| May | 71.8046 | 65.7662 | 68.2111 |
| June | 74.2312 | 69.6484 | 71.8037 |
| July | 72.9295 | 69.3674 | 70.5936 |
| August | 72.8415 | 71.4813 | 72.0377 |
| September | 72.9954 | 70.3237 | 71.5534 |
| October | 71.9415 | 70.5459 | 71.1819 |
| November | 76.7609 | 70.4790 | 73.8491 |
| December | 80.9852 | 77.4306 | 79.5120 |