2020 TJS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TJS to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 14.5381. Conversely, the yearly low was recorded on December 6, dropping to 11.0578.
This high-to-low spread represents a total annual volatility of 3.4803 ISK. From a start-to-finish perspective, comparing the January average rate of 12.7383 to the December average rate of 11.2472, the exchange rate registered a net change of -11.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 14.5381 was up 8.24% compared to the 2019 peak of 13.4308, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TJS 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 13.4651, compared to 12.8311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6339 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.9279 ISK (High: 13.6616 / Low: 11.7336). On the other end, October was the most stable month, with a tight range of 0.3199 ISK (High: 13.6713 / Low: 13.3513).
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 October and November, when the average rate fell by 1.2092 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 13.7127) against the same month in 2019 (average: 12.7091), the exchange rate shifted by +1.0036 (+7.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.8596 | 12.4307 | 12.7383 |
| February | 13.2413 | 12.6893 | 13.0512 |
| March | 14.5381 | 13.0912 | 13.7127 |
| April | 14.3697 | 13.8921 | 14.1145 |
| May | 14.3790 | 13.2602 | 13.9880 |
| June | 13.5460 | 12.7596 | 13.1857 |
| July | 13.6764 | 13.0387 | 13.4233 |
| August | 13.4029 | 13.0734 | 13.2491 |
| September | 13.6076 | 13.0727 | 13.3504 |
| October | 13.6713 | 13.3513 | 13.4630 |
| November | 13.6616 | 11.7336 | 12.2537 |
| December | 11.5548 | 11.0578 | 11.2472 |