YEARLY HIGH
0.1339 ZAR
YEARLY LOW
0.1121 ZAR
YEARLY AVERAGE
0.1215 ZAR

2020 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.1339. Conversely, the yearly low was recorded on November 25, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0218 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1167 to the December average rate of 0.1168, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1339 was up 7.31% compared to the 2019 peak of 0.1248, 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 670 ZAR
2019 Average 589 ZAR
Yearly Trough Low 560 ZAR
Transaction Impact: A difference of 109.20 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1305
0.1121
JanuMarcMayJulySeptNove

ISK to ZAR 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 0.1236, compared to 0.1195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1236
H2 Avg (Jul–Dec) 0.1195

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0112 ZAR (High: 0.1293 / Low: 0.1181). On the other end, November was the most stable month, with a tight range of 0.0040 ZAR (High: 0.1161 / Low: 0.1121).

March Spread (Volatile) ±0.0112
November Spread (Stable) ±0.0040

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 0.0049 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1290) against the same month in 2019 (average: 0.1174), the exchange rate shifted by +0.0116 (+9.84%).

2020 Avg (April) 0.1290
2019 Avg (April) 0.1174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1220 0.1148 0.1167
February 0.1237 0.1172 0.1190
March 0.1293 0.1181 0.1239
April 0.1339 0.1240 0.1290
May 0.1305 0.1231 0.1267
June 0.1287 0.1239 0.1262
July 0.1256 0.1183 0.1212
August 0.1297 0.1205 0.1260
September 0.1239 0.1183 0.1214
October 0.1206 0.1152 0.1182
November 0.1161 0.1121 0.1137
December 0.1215 0.1139 0.1168