YEARLY HIGH
1.2152 ISK
YEARLY LOW
1.0544 ISK
YEARLY AVERAGE
1.1416 ISK

2020 NPR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.2152. Conversely, the yearly low was recorded on January 1, dropping to 1.0544.

This high-to-low spread represents a total annual volatility of 0.1608 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0834 to the December average rate of 1.0813, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2152 was up 5.23% compared to the 2019 peak of 1.1548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,076 ISK
2019 Average 5,445 ISK
Yearly Trough Low 5,272 ISK
Transaction Impact: A difference of 803.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1960
1.0709
JanuMarcMayJulySeptNove

NPR 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 1.1357, compared to 1.1476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 1.1357
H2 Avg (Jul–Dec) 1.1476

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1048 ISK (High: 1.1805 / Low: 1.0757). On the other end, October was the most stable month, with a tight range of 0.0181 ISK (High: 1.1894 / Low: 1.1713).

March Spread (Volatile) ±0.1048
October Spread (Stable) ±0.0181

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 0.0681 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.1854) against the same month in 2019 (average: 1.1002), the exchange rate shifted by +0.0852 (+7.74%).

2020 Avg (May) 1.1854
2019 Avg (May) 1.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0939 1.0544 1.0834
February 1.1182 1.0785 1.1065
March 1.1805 1.0757 1.1331
April 1.2088 1.1664 1.1855
May 1.2152 1.1222 1.1854
June 1.1539 1.0864 1.1202
July 1.1729 1.1241 1.1539
August 1.1723 1.1267 1.1459
September 1.1968 1.1509 1.1733
October 1.1894 1.1713 1.1816
November 1.1848 1.1221 1.1495
December 1.1104 1.0615 1.0813