2020 PEN to ISK Historical Review

YEARLY HIGH

43.6443 ISK

YEARLY LOW

34.8820 ISK

YEARLY AVERAGE

38.7481 ISK

2020 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 43.6443. Conversely, the yearly low was recorded on December 6, dropping to 34.8820.

This high-to-low spread represents a total annual volatility of 8.7622 ISK. From a start-to-finish perspective, comparing the January average rate of 37.1305 to the December average rate of 35.3770, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 43.6443 was up 13.48% compared to the 2019 peak of 38.4609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218,221 ISK

2019 Average 183,702 ISK

Yearly Trough Low 174,410 ISK

Transaction Impact: A difference of 43,811.21 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

43.1781

34.6678

JanuMarcMayJulySeptNove

PEN 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 39.4310, compared to 38.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3659 points.

H1 Avg (Jan–Jun) 39.4310

H2 Avg (Jul–Dec) 38.0652

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.6773 ISK (High: 41.1925 / Low: 36.5152). On the other end, October was the most stable month, with a tight range of 0.7984 ISK (High: 39.0236 / Low: 38.2252).

March Spread (Volatile) ±4.6773

October Spread (Stable) ±0.7984

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 May and June, when the average rate fell by 2.9097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.9097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 42.4689) against the same month in 2019 (average: 36.4680), the exchange rate shifted by +6.0009 (+16.46%).

2020 Avg (April) 42.4689

2019 Avg (April) 36.4680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.5582	36.3131	37.1305
February	37.8333	36.3383	37.3126
March	41.1925	36.5152	38.6421
April	43.6443	41.3576	42.4689
May	43.3860	39.5522	41.9710
June	39.6215	38.2753	39.0612
July	40.2342	38.1825	39.3435
August	38.9397	37.8684	38.3947
September	39.6823	37.8147	38.7578
October	39.0236	38.2252	38.6666
November	39.0830	36.8785	37.8515
December	36.2740	34.8820	35.3770