2020 MAD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 15.3146. Conversely, the yearly low was recorded on January 1, dropping to 12.5907.
This high-to-low spread represents a total annual volatility of 2.7239 ISK. From a start-to-finish perspective, comparing the January average rate of 12.8518 to the December average rate of 14.1827, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 15.3146 was up 15.88% compared to the 2019 peak of 13.2162, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.7793, compared to 14.7446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9653 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.3421 ISK (High: 14.5424 / Low: 13.2003). On the other end, January was the most stable month, with a tight range of 0.3655 ISK (High: 12.9561 / Low: 12.5907).
Growth Streaks & Declines
TrendsBetween 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 0.7691 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 14.9518) against the same month in 2019 (average: 12.7996), the exchange rate shifted by +2.1522 (+16.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9561 | 12.5907 | 12.8518 |
| February | 13.2290 | 12.8010 | 13.0749 |
| March | 14.5424 | 13.2003 | 13.9147 |
| April | 14.8208 | 13.9019 | 14.2555 |
| May | 14.8958 | 13.8369 | 14.5559 |
| June | 14.4574 | 13.6145 | 14.0230 |
| July | 14.6633 | 14.2501 | 14.4849 |
| August | 15.0271 | 14.5034 | 14.8055 |
| September | 15.2839 | 14.6756 | 14.9417 |
| October | 15.3063 | 14.9002 | 15.1008 |
| November | 15.3146 | 14.6417 | 14.9518 |
| December | 14.4422 | 13.7093 | 14.1827 |