2021 AWG to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 AWG to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the AWG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 73.8175. Conversely, the yearly low was recorded on June 2, dropping to 66.5722.
This high-to-low spread represents a total annual volatility of 7.2453 ISK. From a start-to-finish perspective, comparing the January average rate of 71.4170 to the December average rate of 72.2669, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 73.8175 was down 9.82% compared to the 2020 peak of 81.8556, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
AWG 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 69.9455, compared to 71.1464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 3.0481 ISK (High: 69.9815 / Low: 66.9333). On the other end, December was the most stable month, with a tight range of 0.7676 ISK (High: 72.6409 / Low: 71.8733).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4734 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 72.5820) against the same month in 2020 (average: 75.8651), the exchange rate shifted by -3.2831 (-4.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.0778 | 70.2889 | 71.4170 |
| February | 72.3778 | 70.0328 | 71.2635 |
| March | 71.4393 | 69.5556 | 70.7320 |
| April | 70.8641 | 68.0278 | 69.9581 |
| May | 69.9815 | 66.9333 | 68.4847 |
| June | 68.7444 | 66.5722 | 67.8177 |
| July | 70.1083 | 68.4143 | 69.0712 |
| August | 71.0512 | 68.6889 | 70.0744 |
| September | 72.5132 | 70.1861 | 71.1745 |
| October | 72.2722 | 71.1469 | 71.7094 |
| November | 73.8175 | 71.8389 | 72.5820 |
| December | 72.6409 | 71.8733 | 72.2669 |