YEARLY HIGH
0.1319 SZL
YEARLY LOW
0.1115 SZL
YEARLY AVERAGE
0.1215 SZL

2020 ISK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.1319. Conversely, the yearly low was recorded on November 11, dropping to 0.1115.

This high-to-low spread represents a total annual volatility of 0.0203 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1163 to the December average rate of 0.1170, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1319 was up 4.71% compared to the 2019 peak of 0.1260, 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 659 SZL
2019 Average 589 SZL
Yearly Trough Low 558 SZL
Transaction Impact: A difference of 101.73 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1300
0.1123
JanuMarcMayJulySeptNove

ISK to SZL 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 0.1233, compared to 0.1196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1233
H2 Avg (Jul–Dec) 0.1196

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0088 SZL (High: 0.1304 / Low: 0.1216). On the other end, November was the most stable month, with a tight range of 0.0045 SZL (High: 0.1161 / Low: 0.1115).

August Spread (Volatile) ±0.0088
November Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1285) against the same month in 2019 (average: 0.1174), the exchange rate shifted by +0.0111 (+9.49%).

2020 Avg (April) 0.1285
2019 Avg (April) 0.1174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1201 0.1142 0.1163
February 0.1220 0.1166 0.1185
March 0.1274 0.1192 0.1234
April 0.1319 0.1251 0.1285
May 0.1293 0.1239 0.1268
June 0.1287 0.1241 0.1262
July 0.1246 0.1184 0.1212
August 0.1304 0.1216 0.1259
September 0.1238 0.1188 0.1215
October 0.1204 0.1151 0.1184
November 0.1161 0.1115 0.1138
December 0.1216 0.1140 0.1170