YEARLY HIGH
42.8306 ISK
YEARLY LOW
35.3172 ISK
YEARLY AVERAGE
39.0235 ISK

2020 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 42.8306. Conversely, the yearly low was recorded on January 1, dropping to 35.3172.

This high-to-low spread represents a total annual volatility of 7.5134 ISK. From a start-to-finish perspective, comparing the January average rate of 36.2869 to the December average rate of 36.2262, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 42.8306 was down 2.12% compared to the 2019 peak of 43.7604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214,153 ISK
2019 Average 181,147 ISK
Yearly Trough Low 176,586 ISK
Transaction Impact: A difference of 37,566.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

42.4768
35.6579
JanuMarcMayJulySeptNove

PGK 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 39.2218, compared to 38.8251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3967 points.

H1 Avg (Jan–Jun) 39.2218
H2 Avg (Jul–Dec) 38.8251

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.3545 ISK (High: 41.4273 / Low: 37.0728). On the other end, October was the most stable month, with a tight range of 1.0481 ISK (High: 40.2167 / Low: 39.1686).

March Spread (Volatile) ±4.3545
October Spread (Stable) ±1.0481

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 2.5929 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 41.9086) against the same month in 2019 (average: 35.7098), the exchange rate shifted by +6.1988 (+17.36%).

2020 Avg (April) 41.9086
2019 Avg (April) 35.7098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.8669 35.3172 36.2869
February 37.7635 36.0145 37.1844
March 41.4273 37.0728 39.3201
April 42.8306 41.0018 41.9086
May 42.7657 39.3746 41.3839
June 40.3895 38.0194 39.2468
July 40.6962 38.4557 39.8657
August 39.5413 38.3585 38.9459
September 40.2917 38.6230 39.4481
October 40.2167 39.1686 39.6457
November 40.2705 37.7585 38.8191
December 37.1878 35.5859 36.2262