YEARLY HIGH
0.9056 AFN
YEARLY LOW
0.5944 AFN
YEARLY AVERAGE
0.6563 AFN

2021 ISK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.9056. Conversely, the yearly low was recorded on February 4, dropping to 0.5944.

This high-to-low spread represents a total annual volatility of 0.3112 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6015 to the December average rate of 0.7834, the exchange rate registered a net change of 30.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9056 was up 40.36% compared to the 2020 peak of 0.6452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,528 AFN
2020 Average 2,846 AFN
Yearly Trough Low 2,972 AFN
Transaction Impact: A difference of 1,556.07 AFN purely based on transaction execution date.

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0.8016
0.5833
JanuMarcMayJulySeptNove

ISK to AFN 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 0.6176, compared to 0.6950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0774 points.

H1 Avg (Jan–Jun) 0.6176
H2 Avg (Jul–Dec) 0.6950

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1670 AFN (High: 0.9056 / Low: 0.7386). On the other end, March was the most stable month, with a tight range of 0.0142 AFN (High: 0.6177 / Low: 0.6035).

December Spread (Volatile) Âą0.1670
March Spread (Stable) Âą0.0142

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7834) against the same month in 2020 (average: 0.6051), the exchange rate shifted by +0.1783 (+29.47%).

2021 Avg (December) 0.7834
2020 Avg (December) 0.6051

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Month High Low Average
January 0.6106 0.5953 0.6015
February 0.6214 0.5944 0.6028
March 0.6177 0.6035 0.6084
April 0.6344 0.6085 0.6172
May 0.6509 0.6166 0.6311
June 0.6547 0.6353 0.6446
July 0.6645 0.6306 0.6434
August 0.6824 0.6326 0.6589
September 0.7013 0.6604 0.6766
October 0.7077 0.6892 0.6979
November 0.7425 0.6912 0.7097
December 0.9056 0.7386 0.7834