YEARLY HIGH
0.0623 TRY
YEARLY LOW
0.0457 TRY
YEARLY AVERAGE
0.0519 TRY

2020 ISK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0623. Conversely, the yearly low was recorded on March 25, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0167 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0480 to the December average rate of 0.0605, the exchange rate registered a net change of 26.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0623 was up 23.69% compared to the 2019 peak of 0.0504, 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 312 TRY
2019 Average 232 TRY
Yearly Trough Low 228 TRY
Transaction Impact: A difference of 83.26 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0618
0.0458
JanuMarcMayJulySeptNove

ISK to TRY 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 0.0482, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0482
H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0064 TRY (High: 0.0619 / Low: 0.0555). On the other end, January was the most stable month, with a tight range of 0.0016 TRY (High: 0.0491 / Low: 0.0475).

November Spread (Volatile) ±0.0064
January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0605) against the same month in 2019 (average: 0.0480), the exchange rate shifted by +0.0125 (+25.98%).

2020 Avg (December) 0.0605
2019 Avg (December) 0.0480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0491 0.0475 0.0480
February 0.0493 0.0475 0.0480
March 0.0494 0.0457 0.0471
April 0.0482 0.0462 0.0474
May 0.0502 0.0473 0.0483
June 0.0514 0.0491 0.0502
July 0.0519 0.0487 0.0497
August 0.0545 0.0512 0.0533
September 0.0566 0.0531 0.0548
October 0.0592 0.0561 0.0572
November 0.0619 0.0555 0.0583
December 0.0623 0.0579 0.0605