YEARLY HIGH
1.5158 ISK
YEARLY LOW
1.2639 ISK
YEARLY AVERAGE
1.3394 ISK

2021 ARS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.5158. Conversely, the yearly low was recorded on December 31, dropping to 1.2639.

This high-to-low spread represents a total annual volatility of 0.2519 ISK. From a start-to-finish perspective, comparing the January average rate of 1.4966 to the December average rate of 1.2774, the exchange rate registered a net change of -14.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5158 was down 31.80% compared to the 2020 peak of 2.2225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,579 ISK
2020 Average 9,675 ISK
Yearly Trough Low 6,320 ISK
Transaction Impact: A difference of 1,259.57 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5185
1.2555
JanuMarcMayJulySeptNove

ARS 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 1.3824, compared to 1.2963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0862 points.

H1 Avg (Jan–Jun) 1.3824
H2 Avg (Jul–Dec) 1.2963

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0774 ISK (High: 1.4820 / Low: 1.4047). On the other end, December was the most stable month, with a tight range of 0.0265 ISK (High: 1.2904 / Low: 1.2639).

February Spread (Volatile) ±0.0774
December Spread (Stable) ±0.0265

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.4966) against the same month in 2020 (average: 2.0606), the exchange rate shifted by -0.5640 (-27.37%).

2021 Avg (January) 1.4966
2020 Avg (January) 2.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5158 1.4731 1.4966
February 1.4820 1.4047 1.4465
March 1.4212 1.3674 1.3987
April 1.3833 1.3106 1.3592
May 1.3447 1.2754 1.3112
June 1.2957 1.2642 1.2824
July 1.3105 1.2791 1.2928
August 1.3166 1.2774 1.2984
September 1.3222 1.2909 1.3047
October 1.3140 1.2868 1.3018
November 1.3249 1.2835 1.3025
December 1.2904 1.2639 1.2774