YEARLY HIGH
0.0375 ISK
YEARLY LOW
0.0316 ISK
YEARLY AVERAGE
0.0340 ISK

2021 COP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0375. Conversely, the yearly low was recorded on August 10, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0059 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0368 to the December average rate of 0.0328, the exchange rate registered a net change of -11.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0375 was down 3.96% compared to the 2020 peak of 0.0390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187,476 ISK
2020 Average 183,521 ISK
Yearly Trough Low 157,879 ISK
Transaction Impact: A difference of 29,596.69 ISK purely based on transaction execution date.

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0.0373
0.0321
JanuMarcMayJulySeptNove

COP 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 0.0348, compared to 0.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0348
H2 Avg (Jul–Dec) 0.0332

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0025 ISK (High: 0.0346 / Low: 0.0321). On the other end, October was the most stable month, with a tight range of 0.0009 ISK (High: 0.0347 / Low: 0.0338).

November Spread (Volatile) Âą0.0025
October Spread (Stable) Âą0.0009

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0368) against the same month in 2020 (average: 0.0373), the exchange rate shifted by -0.0005 (-1.26%).

2021 Avg (January) 0.0368
2020 Avg (January) 0.0373

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Month High Low Average
January 0.0375 0.0358 0.0368
February 0.0368 0.0351 0.0361
March 0.0363 0.0340 0.0353
April 0.0352 0.0331 0.0346
May 0.0337 0.0322 0.0330
June 0.0337 0.0324 0.0331
July 0.0331 0.0319 0.0325
August 0.0332 0.0316 0.0325
September 0.0340 0.0331 0.0335
October 0.0347 0.0338 0.0342
November 0.0346 0.0321 0.0335
December 0.0336 0.0320 0.0328