2020 MMK to ISK Historical Review

YEARLY HIGH

0.1098 ISK

YEARLY LOW

0.0816 ISK

YEARLY AVERAGE

0.0986 ISK

2020 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.1098. Conversely, the yearly low was recorded on January 1, dropping to 0.0816.

This high-to-low spread represents a total annual volatility of 0.0282 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0841 to the December average rate of 0.0953, the exchange rate registered a net change of 13.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1098 was up 30.80% compared to the 2019 peak of 0.0840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 549 ISK

2019 Average 403 ISK

Yearly Trough Low 408 ISK

Transaction Impact: A difference of 141.09 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1100

0.0817

JanuMarcMayJulySeptNove

MMK 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 0.0948, compared to 0.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0948

H2 Avg (Jul–Dec) 0.1023

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0135 ISK (High: 0.1017 / Low: 0.0882). On the other end, January was the most stable month, with a tight range of 0.0034 ISK (High: 0.0850 / Low: 0.0816).

March Spread (Volatile) ±0.0135

January Spread (Stable) ±0.0034

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 0.0098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1051) against the same month in 2019 (average: 0.0815), the exchange rate shifted by +0.0236 (+28.92%).

2020 Avg (November) 0.1051

2019 Avg (November) 0.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0850	0.0816	0.0841
February	0.0887	0.0841	0.0872
March	0.1017	0.0882	0.0962
April	0.1038	0.0983	0.1017
May	0.1059	0.0969	0.1022
June	0.1009	0.0936	0.0974
July	0.1034	0.0985	0.1011
August	0.1036	0.0991	0.1007
September	0.1064	0.1017	0.1043
October	0.1098	0.1057	0.1076
November	0.1098	0.1011	0.1051
December	0.0991	0.0920	0.0953