YEARLY HIGH
73.6700 ISK
YEARLY LOW
60.5250 ISK
YEARLY AVERAGE
67.6715 ISK

2020 BBD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 73.6700. Conversely, the yearly low was recorded on January 1, dropping to 60.5250.

This high-to-low spread represents a total annual volatility of 13.1450 ISK. From a start-to-finish perspective, comparing the January average rate of 61.7383 to the December average rate of 63.6917, 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 73.6700 was up 16.06% compared to the 2019 peak of 63.4750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368,350 ISK
2019 Average 306,424 ISK
Yearly Trough Low 302,625 ISK
Transaction Impact: A difference of 65,725.04 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

73.2559
60.6912
JanuMarcMayJulySeptNove

BBD 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 67.3591, compared to 67.9839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6248 points.

H1 Avg (Jan–Jun) 67.3591
H2 Avg (Jul–Dec) 67.9839

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.5300 ISK (High: 70.8750 / Low: 63.3450). On the other end, August was the most stable month, with a tight range of 1.7050 ISK (High: 69.1550 / Low: 67.4500).

March Spread (Volatile) ±7.5300
August Spread (Stable) ±1.7050

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 4.5868 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 71.6888) against the same month in 2019 (average: 61.4029), the exchange rate shifted by +10.2859 (+16.75%).

2020 Avg (May) 71.6888
2019 Avg (May) 61.4029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.3450 60.5250 61.7383
February 64.2000 61.5025 63.2587
March 70.8750 63.3450 67.3892
April 73.6150 71.0600 72.2088
May 73.6700 67.9100 71.6888
June 69.8150 65.6900 67.8708
July 70.4500 67.2200 69.1760
August 69.1550 67.4500 68.3452
September 70.2400 67.4950 68.8977
October 70.6400 68.9000 69.5143
November 70.6523 66.4550 68.2786
December 65.4450 62.6188 63.6917