YEARLY HIGH
34.1370 ISK
YEARLY LOW
28.3836 ISK
YEARLY AVERAGE
31.9179 ISK

2020 RON to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 34.1370. Conversely, the yearly low was recorded on January 1, dropping to 28.3836.

This high-to-low spread represents a total annual volatility of 5.7534 ISK. From a start-to-finish perspective, comparing the January average rate of 28.6906 to the December average rate of 31.8352, the exchange rate registered a net change of 10.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.1370 was up 13.46% compared to the 2019 peak of 30.0861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170,685 ISK
2019 Average 144,572 ISK
Yearly Trough Low 141,918 ISK
Transaction Impact: A difference of 28,766.82 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

34.0559
28.2028
JanuMarcMayJulySeptNove

RON 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 30.7972, compared to 33.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2414 points.

H1 Avg (Jan–Jun) 30.7972
H2 Avg (Jul–Dec) 33.0385

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.4346 ISK (High: 32.3335 / Low: 28.8989). On the other end, January was the most stable month, with a tight range of 0.4579 ISK (High: 28.8415 / Low: 28.3836).

March Spread (Volatile) ±3.4346
January Spread (Stable) ±0.4579

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 1.3776 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 33.4158) against the same month in 2019 (average: 29.0080), the exchange rate shifted by +4.4078 (+15.20%).

2020 Avg (September) 33.4158
2019 Avg (September) 29.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8415 28.3836 28.6906
February 29.0301 28.5086 28.8823
March 32.3335 28.8989 30.8384
April 32.9314 32.1363 32.4533
May 33.0427 31.1392 32.3483
June 32.4585 30.7891 31.5703
July 33.1120 32.1844 32.7630
August 33.9197 33.0982 33.4364
September 34.1370 32.9896 33.4158
October 33.8818 33.2747 33.5681
November 33.8266 32.5774 33.2128
December 32.4427 31.2043 31.8352