YEARLY HIGH
0.3497 ISK
YEARLY LOW
0.2966 ISK
YEARLY AVERAGE
0.3271 ISK

2020 KZT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KZT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.3497. Conversely, the yearly low was recorded on December 5, dropping to 0.2966.

This high-to-low spread represents a total annual volatility of 0.0531 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3256 to the December average rate of 0.3026, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3497 was up 6.08% compared to the 2019 peak of 0.3296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,748 ISK
2019 Average 1,600 ISK
Yearly Trough Low 1,483 ISK
Transaction Impact: A difference of 265.38 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3463
0.2987
JanuMarcMayJulySeptNove

KZT 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 0.3326, compared to 0.3216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.3326
H2 Avg (Jul–Dec) 0.3216

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0274 ISK (High: 0.3360 / Low: 0.3086). On the other end, October was the most stable month, with a tight range of 0.0068 ISK (High: 0.3263 / Low: 0.3196).

March Spread (Volatile) ±0.0274
October Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0158 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.3423) against the same month in 2019 (average: 0.3230), the exchange rate shifted by +0.0193 (+5.98%).

2020 Avg (May) 0.3423
2019 Avg (May) 0.3230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3298 0.3145 0.3256
February 0.3410 0.3242 0.3348
March 0.3360 0.3086 0.3226
April 0.3412 0.3169 0.3334
May 0.3497 0.3297 0.3423
June 0.3473 0.3274 0.3371
July 0.3419 0.3188 0.3352
August 0.3295 0.3211 0.3255
September 0.3314 0.3161 0.3243
October 0.3263 0.3196 0.3236
November 0.3264 0.3124 0.3184
December 0.3074 0.2966 0.3026