YEARLY HIGH
0.0063 ISK
YEARLY LOW
0.0052 ISK
YEARLY AVERAGE
0.0058 ISK

2020 VND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the VND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.0063. Conversely, the yearly low was recorded on January 1, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0011 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0055, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0063 was up 15.17% compared to the 2019 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 63,287 ISK
2019 Average 52,785 ISK
Yearly Trough Low 52,196 ISK
Transaction Impact: A difference of 11,090.77 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0062
0.0052
JanuMarcMayJulySeptNove

VND 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 0.0058, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 ISK (High: 0.0060 / Low: 0.0054). On the other end, October was the most stable month, with a tight range of 0.0001 ISK (High: 0.0061 / Low: 0.0060).

March Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0062) against the same month in 2019 (average: 0.0053), the exchange rate shifted by +0.0009 (+17.02%).

2020 Avg (May) 0.0062
2019 Avg (May) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0052 0.0053
February 0.0055 0.0053 0.0054
March 0.0060 0.0054 0.0058
April 0.0063 0.0060 0.0062
May 0.0063 0.0058 0.0062
June 0.0060 0.0057 0.0058
July 0.0061 0.0058 0.0060
August 0.0060 0.0058 0.0059
September 0.0061 0.0058 0.0059
October 0.0061 0.0060 0.0060
November 0.0061 0.0057 0.0059
December 0.0057 0.0054 0.0055