YEARLY HIGH
157.0510 ISK
YEARLY LOW
145.9100 ISK
YEARLY AVERAGE
150.2102 ISK

2021 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 157.0510. Conversely, the yearly low was recorded on July 15, dropping to 145.9100.

This high-to-low spread represents a total annual volatility of 11.1411 ISK. From a start-to-finish perspective, comparing the January average rate of 156.4002 to the December average rate of 147.0821, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 157.0510 was down 5.28% compared to the 2020 peak of 165.8002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 785,255 ISK
2020 Average 772,654 ISK
Yearly Trough Low 729,550 ISK
Transaction Impact: A difference of 55,705.41 ISK purely based on transaction execution date.

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157.3478
145.9769
JanuMarcMayJulySeptNove

EUR 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 151.7231, compared to 148.6973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0258 points.

H1 Avg (Jan–Jun) 151.7231
H2 Avg (Jul–Dec) 148.6973

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 5.2944 ISK (High: 153.6697 / Low: 148.3753). On the other end, June was the most stable month, with a tight range of 1.2020 ISK (High: 147.5073 / Low: 146.3053).

March Spread (Volatile) Âą5.2944
June Spread (Stable) Âą1.2020

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 February and March, when the average rate fell by 3.6466 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 156.4002) against the same month in 2020 (average: 137.1010), the exchange rate shifted by +19.2992 (+14.08%).

2021 Avg (January) 156.4002
2020 Avg (January) 137.1010

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Month High Low Average
January 157.0510 155.0974 156.4002
February 156.1044 153.2854 155.1445
March 153.6697 148.3753 151.4979
April 151.9003 148.5863 150.6274
May 151.2572 146.9003 149.7438
June 147.5073 146.3053 146.9244
July 149.0051 145.9100 147.0644
August 150.1770 146.7979 148.4761
September 152.3025 149.7092 150.8322
October 150.3155 148.5846 149.7114
November 150.4334 146.6170 149.0173
December 147.6386 146.2302 147.0821