2020 MXN to ISK Historical Review

YEARLY HIGH

6.8715 ISK

YEARLY LOW

5.5563 ISK

YEARLY AVERAGE

6.3199 ISK

2020 MXN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 6.8715. Conversely, the yearly low was recorded on March 23, dropping to 5.5563.

This high-to-low spread represents a total annual volatility of 1.3152 ISK. From a start-to-finish perspective, comparing the January average rate of 6.5669 to the December average rate of 6.3851, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.8715 was up 2.86% compared to the 2019 peak of 6.6807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 343,577 ISK

2019 Average 318,443 ISK

Yearly Trough Low 277,816 ISK

Transaction Impact: A difference of 65,760.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.7893

5.8908

JanuMarcMayJulySeptNove

MXN 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 6.2488, compared to 6.3909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1421 points.

H1 Avg (Jan–Jun) 6.2488

H2 Avg (Jul–Dec) 6.3909

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0120 ISK (High: 6.5684 / Low: 5.5563). On the other end, November was the most stable month, with a tight range of 0.1898 ISK (High: 6.7695 / Low: 6.5797).

March Spread (Volatile) ±1.0120

November Spread (Stable) ±0.1898

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 February and March, when the average rate fell by 0.6601 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 6.7144) against the same month in 2019 (average: 6.2482), the exchange rate shifted by +0.4662 (+7.46%).

2020 Avg (February) 6.7144

2019 Avg (February) 6.2482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6487	6.4000	6.5669
February	6.8715	6.4595	6.7144
March	6.5684	5.5563	6.0544
April	6.1644	5.6935	5.9656
May	6.2963	5.8371	6.1150
June	6.2104	5.8929	6.0766
July	6.2778	6.0502	6.1764
August	6.3217	5.9810	6.1709
September	6.5653	6.1660	6.3723
October	6.6683	6.3211	6.5451
November	6.7695	6.5797	6.6958
December	6.5341	6.3054	6.3851