YEARLY HIGH
0.7852 ISK
YEARLY LOW
0.6640 ISK
YEARLY AVERAGE
0.7297 ISK

2020 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.7852. Conversely, the yearly low was recorded on January 1, dropping to 0.6640.

This high-to-low spread represents a total annual volatility of 0.1212 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6806 to the December average rate of 0.6806, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7852 was up 8.89% compared to the 2019 peak of 0.7210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,926 ISK
2019 Average 3,431 ISK
Yearly Trough Low 3,320 ISK
Transaction Impact: A difference of 605.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7731
0.6721
JanuMarcMayJulySeptNove

LKR 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 0.7258, compared to 0.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.7258
H2 Avg (Jul–Dec) 0.7336

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0618 ISK (High: 0.7584 / Low: 0.6966). On the other end, October was the most stable month, with a tight range of 0.0195 ISK (High: 0.7665 / Low: 0.7470).

March Spread (Volatile) ±0.0618
October Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0580 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.7647) against the same month in 2019 (average: 0.6963), the exchange rate shifted by +0.0684 (+9.82%).

2020 Avg (May) 0.7647
2019 Avg (May) 0.6963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6867 0.6640 0.6806
February 0.7065 0.6780 0.6967
March 0.7584 0.6966 0.7291
April 0.7667 0.7375 0.7535
May 0.7852 0.7296 0.7647
June 0.7481 0.7083 0.7300
July 0.7585 0.7243 0.7446
August 0.7467 0.7271 0.7390
September 0.7625 0.7324 0.7447
October 0.7665 0.7470 0.7540
November 0.7667 0.7159 0.7386
December 0.7033 0.6720 0.6806