YEARLY HIGH
476.5432 ISK
YEARLY LOW
398.4765 ISK
YEARLY AVERAGE
441.0943 ISK

2020 KWD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 476.5432. Conversely, the yearly low was recorded on January 1, dropping to 398.4765.

This high-to-low spread represents a total annual volatility of 78.0667 ISK. From a start-to-finish perspective, comparing the January average rate of 406.8500 to the December average rate of 417.8220, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 476.5432 was up 14.03% compared to the 2019 peak of 417.8973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,382,716 ISK
2019 Average 2,016,850 ISK
Yearly Trough Low 1,992,383 ISK
Transaction Impact: A difference of 390,333.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

469.7675
401.1303
JanuMarcMayJulySeptNove

KWD 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 437.7079, compared to 444.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7729 points.

H1 Avg (Jan–Jun) 437.7079
H2 Avg (Jul–Dec) 444.4808

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 39.3648 ISK (High: 453.4087 / Low: 414.0439). On the other end, August was the most stable month, with a tight range of 11.0689 ISK (High: 452.5081 / Low: 441.4391).

March Spread (Volatile) ±39.3648
August Spread (Stable) ±11.0689

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 November and December, when the average rate fell by 28.9707 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -28.9707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 464.0235) against the same month in 2019 (average: 403.6136), the exchange rate shifted by +60.4099 (+14.97%).

2020 Avg (May) 464.0235
2019 Avg (May) 403.6136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 410.7725 398.4765 406.8500
February 419.7423 404.8028 414.6805
March 453.4087 414.0439 435.7403
April 475.2867 455.3659 464.0477
May 476.5432 440.4821 464.0235
June 454.1906 426.4560 440.9053
July 457.7916 440.0972 450.3054
August 452.5081 441.4391 447.1087
September 459.1600 441.3587 450.3942
October 461.9258 450.1812 454.4618
November 462.5158 435.0729 446.7927
December 428.6009 411.6423 417.8220