YEARLY HIGH
0.0140 ISK
YEARLY LOW
0.0122 ISK
YEARLY AVERAGE
0.0129 ISK

2021 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0140. Conversely, the yearly low was recorded on June 2, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0018 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0138, the exchange rate registered a net change of 9.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0140 was down 10.49% compared to the 2020 peak of 0.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 ISK
2020 Average 70 ISK
Yearly Trough Low 61 ISK
Transaction Impact: A difference of 8.96 ISK purely based on transaction execution date.

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0.0140
0.0123
JanuMarcMayJulySeptNove

GNF 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 0.0126, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0005 ISK (High: 0.0139 / Low: 0.0135). On the other end, February was the most stable month, with a tight range of 0.0003 ISK (High: 0.0128 / Low: 0.0124).

November Spread (Volatile) Âą0.0005
February Spread (Stable) Âą0.0003

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0138) against the same month in 2020 (average: 0.0128), the exchange rate shifted by +0.0010 (+7.89%).

2021 Avg (December) 0.0138
2020 Avg (December) 0.0128

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Month High Low Average
January 0.0128 0.0124 0.0126
February 0.0128 0.0124 0.0126
March 0.0128 0.0124 0.0126
April 0.0128 0.0124 0.0126
May 0.0127 0.0123 0.0125
June 0.0126 0.0122 0.0124
July 0.0129 0.0125 0.0127
August 0.0131 0.0126 0.0129
September 0.0134 0.0129 0.0131
October 0.0135 0.0131 0.0133
November 0.0139 0.0135 0.0137
December 0.0140 0.0136 0.0138