YEARLY HIGH
0.0230 TND
YEARLY LOW
0.0195 TND
YEARLY AVERAGE
0.0208 TND

2020 ISK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0230. Conversely, the yearly low was recorded on September 8, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0034 TND. From a start-to-finish perspective, comparing the January average rate of 0.0228 to the December average rate of 0.0212, the exchange rate registered a net change of -6.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0230 was down 11.13% compared to the 2019 peak of 0.0259, 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 115 TND
2019 Average 119 TND
Yearly Trough Low 98 TND
Transaction Impact: A difference of 17.22 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0231
0.0195
JanuMarcMayJulySeptNove

ISK to TND 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 0.0213, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0213
H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0023 TND (High: 0.0225 / Low: 0.0202). On the other end, January was the most stable month, with a tight range of 0.0003 TND (High: 0.0230 / Low: 0.0226).

March Spread (Volatile) ±0.0023
January Spread (Stable) ±0.0003

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 February and March, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0228) against the same month in 2019 (average: 0.0248), the exchange rate shifted by -0.0020 (-8.02%).

2020 Avg (January) 0.0228
2019 Avg (January) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0226 0.0228
February 0.0229 0.0223 0.0225
March 0.0225 0.0202 0.0212
April 0.0204 0.0197 0.0201
May 0.0212 0.0197 0.0202
June 0.0215 0.0204 0.0210
July 0.0207 0.0200 0.0204
August 0.0206 0.0198 0.0200
September 0.0203 0.0195 0.0200
October 0.0200 0.0196 0.0198
November 0.0206 0.0196 0.0201
December 0.0216 0.0208 0.0212