2020 MYR to ISK Historical Review

YEARLY HIGH

34.1592 ISK

YEARLY LOW

29.5930 ISK

YEARLY AVERAGE

32.2050 ISK

2020 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 34.1592. Conversely, the yearly low was recorded on January 1, dropping to 29.5930.

This high-to-low spread represents a total annual volatility of 4.5662 ISK. From a start-to-finish perspective, comparing the January average rate of 30.2786 to the December average rate of 31.4030, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.1592 was up 11.02% compared to the 2019 peak of 30.7683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 683,184 ISK

2019 Average 591,847 ISK

Yearly Trough Low 591,859 ISK

Transaction Impact: A difference of 91,324.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

33.8074

29.9578

JanuMarcMayJulySeptNove

MYR 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 31.6781, compared to 32.7319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0538 points.

H1 Avg (Jan–Jun) 31.6781

H2 Avg (Jul–Dec) 32.7319

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 2.8967 ISK (High: 34.1592 / Low: 31.2625). On the other end, February was the most stable month, with a tight range of 0.6366 ISK (High: 30.6663 / Low: 30.0298).

May Spread (Volatile) ±2.8967

February Spread (Stable) ±0.6366

Growth Streaks & Declines

Trends

Between June and October, 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 1.8167 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 33.0463) against the same month in 2019 (average: 29.4572), the exchange rate shifted by +3.5891 (+12.18%).

2020 Avg (May) 33.0463

2019 Avg (May) 29.4572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6665	29.5930	30.2786
February	30.6663	30.0298	30.4217
March	32.8696	30.0676	31.3603
April	33.8646	32.7084	33.2017
May	34.1592	31.2625	33.0463
June	32.6353	30.7465	31.7602
July	33.0286	31.6731	32.4371
August	33.1480	32.0344	32.6374
September	33.7085	32.5591	33.2078
October	33.9860	33.2346	33.4866
November	34.0227	32.6534	33.2197
December	32.1202	30.8467	31.4030