YEARLY HIGH
0.0663 ISK
YEARLY LOW
0.0602 ISK
YEARLY AVERAGE
0.0638 ISK

2021 CDF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0663. Conversely, the yearly low was recorded on June 2, dropping to 0.0602.

This high-to-low spread represents a total annual volatility of 0.0062 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0650, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0663 was down 22.21% compared to the 2020 peak of 0.0853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 332 ISK
2020 Average 367 ISK
Yearly Trough Low 301 ISK
Transaction Impact: A difference of 30.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0656
0.0609
JanuMarcMayJulySeptNove

CDF 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 0.0634, compared to 0.0642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0634
H2 Avg (Jul–Dec) 0.0642

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0029 ISK (High: 0.0644 / Low: 0.0615). On the other end, December was the most stable month, with a tight range of 0.0012 ISK (High: 0.0659 / Low: 0.0647).

April Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0652) against the same month in 2020 (average: 0.0695), the exchange rate shifted by -0.0043 (-6.14%).

2021 Avg (November) 0.0652
2020 Avg (November) 0.0695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0658 0.0642 0.0651
February 0.0658 0.0637 0.0648
March 0.0649 0.0630 0.0641
April 0.0644 0.0615 0.0633
May 0.0631 0.0604 0.0618
June 0.0623 0.0602 0.0613
July 0.0635 0.0615 0.0624
August 0.0644 0.0620 0.0634
September 0.0655 0.0636 0.0644
October 0.0654 0.0640 0.0646
November 0.0663 0.0644 0.0652
December 0.0659 0.0647 0.0650