YEARLY HIGH
2052.7686 VEF
YEARLY LOW
1686.4912 VEF
YEARLY AVERAGE
1840.5479 VEF

2020 ISK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2052.7686. Conversely, the yearly low was recorded on May 6, dropping to 1686.4912.

This high-to-low spread represents a total annual volatility of 366.2774 VEF. From a start-to-finish perspective, comparing the January average rate of 2012.5147 to the December average rate of 1950.8300, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2052.7686 was down 3.86% compared to the 2019 peak of 2135.1344, 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 10,263,843 VEF
2019 Average 10,140,253 VEF
Yearly Trough Low 8,432,456 VEF
Transaction Impact: A difference of 1,831,387.10 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2041.6822
1691.6730
JanuMarcMayJulySeptNove

ISK to VEF 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 1851.7122, compared to 1829.3836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.3286 points.

H1 Avg (Jan–Jun) 1851.7122
H2 Avg (Jul–Dec) 1829.3836

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 208.3838 VEF (High: 1961.3836 / Low: 1752.9998). On the other end, October was the most stable month, with a tight range of 44.4175 VEF (High: 1803.2485 / Low: 1758.8310).

March Spread (Volatile) ±208.3838
October Spread (Stable) ±44.4175

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 March and April, when the average rate fell by 126.2910 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -126.2910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2012.5147) against the same month in 2019 (average: 2076.5734), the exchange rate shifted by -64.0587 (-3.08%).

2020 Avg (January) 2012.5147
2019 Avg (January) 2076.5734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2052.7686 1992.8433 2012.5147
February 2020.1428 1935.2621 1964.2882
March 1961.3836 1752.9998 1847.1314
April 1748.4356 1687.7511 1720.8404
May 1829.5365 1686.4912 1734.2642
June 1891.3658 1779.6150 1831.2341
July 1848.3163 1763.5745 1796.4970
August 1842.0137 1796.5992 1817.9755
September 1840.7856 1768.8471 1803.5349
October 1803.2485 1758.8310 1787.3944
November 1869.5933 1758.5249 1820.0698
December 1984.1290 1898.4463 1950.8300