2020 SVC to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SVC to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SVC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 16.8394. Conversely, the yearly low was recorded on January 1, dropping to 13.7627.
This high-to-low spread represents a total annual volatility of 3.0767 ISK. From a start-to-finish perspective, comparing the January average rate of 14.1105 to the December average rate of 14.5567, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 16.8394 was up 15.50% compared to the 2019 peak of 14.5800, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SVC 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 15.3988, compared to 15.5392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.6868 ISK (High: 16.1714 / Low: 14.4846). On the other end, August was the most stable month, with a tight range of 0.3995 ISK (High: 15.8059 / Low: 15.4064).
Growth Streaks & Declines
TrendsBetween 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 1.0502 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 16.3903) against the same month in 2019 (average: 14.0360), the exchange rate shifted by +2.3543 (+16.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.2477 | 13.7627 | 14.1105 |
| February | 14.6747 | 14.0601 | 14.4590 |
| March | 16.1714 | 14.4846 | 15.4096 |
| April | 16.8275 | 16.2508 | 16.5099 |
| May | 16.8394 | 15.5283 | 16.3903 |
| June | 15.9527 | 15.0134 | 15.5136 |
| July | 16.1111 | 15.3666 | 15.8119 |
| August | 15.8059 | 15.4064 | 15.6225 |
| September | 16.0552 | 15.4263 | 15.7478 |
| October | 16.1475 | 15.7461 | 15.8891 |
| November | 16.1508 | 15.1893 | 15.6069 |
| December | 14.9550 | 14.3127 | 14.5567 |