YEARLY HIGH
1.4857 DJF
YEARLY LOW
1.3397 DJF
YEARLY AVERAGE
1.4025 DJF

2021 ISK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.4857. Conversely, the yearly low was recorded on November 16, dropping to 1.3397.

This high-to-low spread represents a total annual volatility of 0.1460 DJF. From a start-to-finish perspective, comparing the January average rate of 1.3861 to the December average rate of 1.3686, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4857 was up 1.04% compared to the 2020 peak of 1.4705, 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 7,429 DJF
2020 Average 6,593 DJF
Yearly Trough Low 6,699 DJF
Transaction Impact: A difference of 729.90 DJF purely based on transaction execution date.

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1.4680
1.3529
JanuMarcMayJulySeptNove

ISK to DJF 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 1.4146, compared to 1.3903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 1.4146
H2 Avg (Jul–Dec) 1.3903

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0645 DJF (High: 1.4778 / Low: 1.4133). On the other end, December was the most stable month, with a tight range of 0.0173 DJF (High: 1.3764 / Low: 1.3591).

May Spread (Volatile) Âą0.0645
December Spread (Stable) Âą0.0173

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 0.0273 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.4584) against the same month in 2020 (average: 1.3120), the exchange rate shifted by +0.1464 (+11.16%).

2021 Avg (June) 1.4584
2020 Avg (June) 1.3120

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Month High Low Average
January 1.4066 1.3724 1.3861
February 1.4115 1.3659 1.3879
March 1.4220 1.3802 1.3982
April 1.4536 1.3945 1.4133
May 1.4778 1.4133 1.4440
June 1.4857 1.4392 1.4584
July 1.4449 1.4094 1.4311
August 1.4397 1.3898 1.4114
September 1.4084 1.3635 1.3894
October 1.3897 1.3684 1.3788
November 1.3767 1.3397 1.3625
December 1.3764 1.3591 1.3686