YEARLY HIGH
0.1250 ISK
YEARLY LOW
0.1028 ISK
YEARLY AVERAGE
0.1148 ISK

2020 KRW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.1250. Conversely, the yearly low was recorded on February 2, dropping to 0.1028.

This high-to-low spread represents a total annual volatility of 0.0221 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1059 to the December average rate of 0.1164, the exchange rate registered a net change of 9.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1250 was up 15.13% compared to the 2019 peak of 0.1085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 KRW based on timing:

Yearly Peak High 624,845 ISK
2019 Average 526,084 ISK
Yearly Trough Low 514,235 ISK
Transaction Impact: A difference of 110,610.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1241
0.1042
JanuMarcMayJulySeptNove

KRW to ISK 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 0.1116, compared to 0.1180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1116
H2 Avg (Jul–Dec) 0.1180

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0109 ISK (High: 0.1164 / Low: 0.1055). On the other end, December was the most stable month, with a tight range of 0.0030 ISK (High: 0.1183 / Low: 0.1153).

March Spread (Volatile) ±0.0109
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.1215) against the same month in 2019 (average: 0.1053), the exchange rate shifted by +0.0162 (+15.37%).

2020 Avg (October) 0.1215
2019 Avg (October) 0.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1071 0.1029 0.1059
February 0.1075 0.1028 0.1059
March 0.1164 0.1055 0.1108
April 0.1209 0.1153 0.1181
May 0.1203 0.1100 0.1166
June 0.1157 0.1080 0.1125
July 0.1175 0.1127 0.1154
August 0.1165 0.1135 0.1151
September 0.1188 0.1142 0.1170
October 0.1250 0.1187 0.1215
November 0.1243 0.1198 0.1225
December 0.1183 0.1153 0.1164