2020 NZD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 94.9798. Conversely, the yearly low was recorded on March 1, dropping to 78.5731.
This high-to-low spread represents a total annual volatility of 16.4067 ISK. From a start-to-finish perspective, comparing the January average rate of 81.6410 to the December average rate of 90.3962, the exchange rate registered a net change of 10.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 94.9798 was up 12.11% compared to the 2019 peak of 84.7165, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NZD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 84.2351, compared to 91.6313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 6.0212 ISK (High: 84.5943 / Low: 78.5731). On the other end, November was the most stable month, with a tight range of 1.7698 ISK (High: 94.9798 / Low: 93.2099).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.4216 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 93.8178) against the same month in 2019 (average: 79.0031), the exchange rate shifted by +14.8147 (+18.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.4895 | 79.5087 | 81.6410 |
| February | 81.8410 | 79.1658 | 80.8544 |
| March | 84.5943 | 78.5731 | 81.3648 |
| April | 89.9195 | 84.2334 | 86.7869 |
| May | 89.8028 | 84.1738 | 87.2602 |
| June | 89.8871 | 84.9017 | 87.5035 |
| July | 92.6277 | 89.7079 | 91.1296 |
| August | 92.7070 | 89.0001 | 90.2859 |
| September | 93.9390 | 90.4136 | 91.8649 |
| October | 93.9011 | 90.9413 | 92.2933 |
| November | 94.9798 | 93.2099 | 93.8178 |
| December | 92.5313 | 88.1711 | 90.3962 |