YEARLY HIGH
0.1578 ISK
YEARLY LOW
0.1270 ISK
YEARLY AVERAGE
0.1415 ISK

2020 RWF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.1578. Conversely, the yearly low was recorded on January 1, dropping to 0.1270.

This high-to-low spread represents a total annual volatility of 0.0308 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1309 to the December average rate of 0.1290, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1578 was up 13.27% compared to the 2019 peak of 0.1393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 789 ISK
2019 Average 672 ISK
Yearly Trough Low 635 ISK
Transaction Impact: A difference of 153.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1555
0.1266
JanuMarcMayJulySeptNove

RWF 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 0.1428, compared to 0.1402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1428
H2 Avg (Jul–Dec) 0.1402

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0159 ISK (High: 0.1501 / Low: 0.1342). On the other end, August was the most stable month, with a tight range of 0.0031 ISK (High: 0.1435 / Low: 0.1404).

March Spread (Volatile) ±0.0159
August Spread (Stable) ±0.0031

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 0.0098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.1525) against the same month in 2019 (average: 0.1355), the exchange rate shifted by +0.0170 (+12.54%).

2020 Avg (May) 0.1525
2019 Avg (May) 0.1355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1329 0.1270 0.1309
February 0.1367 0.1295 0.1344
March 0.1501 0.1342 0.1427
April 0.1569 0.1502 0.1531
May 0.1578 0.1436 0.1525
June 0.1465 0.1391 0.1430
July 0.1483 0.1406 0.1450
August 0.1435 0.1404 0.1421
September 0.1463 0.1403 0.1432
October 0.1450 0.1412 0.1429
November 0.1444 0.1345 0.1388
December 0.1324 0.1271 0.1290