YEARLY HIGH
14.5381 ISK
YEARLY LOW
11.0578 ISK
YEARLY AVERAGE
13.1481 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 72,690 ISK
2019 Average 64,337 ISK
Yearly Trough Low 55,289 ISK
Transaction Impact: A difference of 17,401.36 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.4013
10.9605
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.4651
H2 Avg (Jul–Dec) 12.8311

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.9279
October Spread (Stable) ±0.3199

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 October and November, when the average rate fell by 1.2092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2092

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 13.7127
2019 Avg (March) 12.7091

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