YEARLY HIGH
0.8734 ISK
YEARLY LOW
0.6308 ISK
YEARLY AVERAGE
0.7089 ISK

2020 LRD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.8734. Conversely, the yearly low was recorded on February 2, dropping to 0.6308.

This high-to-low spread represents a total annual volatility of 0.2426 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6450 to the December average rate of 0.7900, the exchange rate registered a net change of 22.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8734 was up 14.35% compared to the 2019 peak of 0.7638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,367 ISK
2019 Average 3,319 ISK
Yearly Trough Low 3,154 ISK
Transaction Impact: A difference of 1,213.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8428
0.6255
JanuMarcMayJulySeptNove

LRD 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 0.6839, compared to 0.7339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0499 points.

H1 Avg (Jan–Jun) 0.6839
H2 Avg (Jul–Dec) 0.7339

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1015 ISK (High: 0.8734 / Low: 0.7719). On the other end, August was the most stable month, with a tight range of 0.0170 ISK (High: 0.6940 / Low: 0.6770).

November Spread (Volatile) ±0.1015
August Spread (Stable) ±0.0170

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 May and June, when the average rate fell by 0.0407 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.8247) against the same month in 2019 (average: 0.6156), the exchange rate shifted by +0.2091 (+33.97%).

2020 Avg (November) 0.8247
2019 Avg (November) 0.6156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6541 0.6308 0.6450
February 0.6503 0.6308 0.6436
March 0.7157 0.6409 0.6815
April 0.7434 0.7173 0.7291
May 0.7425 0.6839 0.7225
June 0.7012 0.6612 0.6819
July 0.7070 0.6747 0.6942
August 0.6940 0.6770 0.6858
September 0.7049 0.6773 0.6921
October 0.7708 0.6940 0.7164
November 0.8734 0.7719 0.8247
December 0.8297 0.7757 0.7900