YEARLY HIGH
0.4127 ISK
YEARLY LOW
0.3391 ISK
YEARLY AVERAGE
0.3791 ISK

2020 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.4127. Conversely, the yearly low was recorded on January 1, dropping to 0.3391.

This high-to-low spread represents a total annual volatility of 0.0736 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3459 to the December average rate of 0.3568, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4127 was up 16.06% compared to the 2019 peak of 0.3556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,064 ISK
2019 Average 1,717 ISK
Yearly Trough Low 1,695 ISK
Transaction Impact: A difference of 368.21 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4104
0.3400
JanuMarcMayJulySeptNove

MRO 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 0.3774, compared to 0.3809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3774
H2 Avg (Jul–Dec) 0.3809

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0422 ISK (High: 0.3971 / Low: 0.3549). On the other end, August was the most stable month, with a tight range of 0.0096 ISK (High: 0.3874 / Low: 0.3779).

March Spread (Volatile) ±0.0422
August Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0257 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.4016) against the same month in 2019 (average: 0.3440), the exchange rate shifted by +0.0576 (+16.75%).

2020 Avg (May) 0.4016
2019 Avg (May) 0.3440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3493 0.3391 0.3459
February 0.3597 0.3446 0.3544
March 0.3971 0.3549 0.3775
April 0.4124 0.3981 0.4045
May 0.4127 0.3804 0.4016
June 0.3911 0.3680 0.3802
July 0.3947 0.3766 0.3875
August 0.3874 0.3779 0.3829
September 0.3935 0.3781 0.3860
October 0.3957 0.3860 0.3894
November 0.3958 0.3723 0.3825
December 0.3666 0.3508 0.3568