YEARLY HIGH
0.0006 ISK
YEARLY LOW
0.0005 ISK
YEARLY AVERAGE
0.0005 ISK

2020 VEF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the VEF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0006. Conversely, the yearly low was recorded on January 1, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0005 to the December average rate of 0.0005, 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 0.0006 was up 16.06% compared to the 2019 peak of 0.0005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3 ISK
2019 Average 2 ISK
Yearly Trough Low 2 ISK
Transaction Impact: A difference of 0.53 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0006
0.0005
JanuMarcMayJulySeptNove

VEF 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 0.0005, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0005
H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0001 ISK (High: 0.0006 / Low: 0.0005). On the other end, August was the most stable month, with a tight range of 0.0000 ISK (High: 0.0006 / Low: 0.0005).

March Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0006) against the same month in 2019 (average: 0.0005), the exchange rate shifted by +0.0001 (+16.75%).

2020 Avg (May) 0.0006
2019 Avg (May) 0.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0005 0.0005 0.0005
February 0.0005 0.0005 0.0005
March 0.0006 0.0005 0.0005
April 0.0006 0.0006 0.0006
May 0.0006 0.0005 0.0006
June 0.0006 0.0005 0.0005
July 0.0006 0.0005 0.0006
August 0.0006 0.0005 0.0006
September 0.0006 0.0005 0.0006
October 0.0006 0.0006 0.0006
November 0.0006 0.0005 0.0005
December 0.0005 0.0005 0.0005