YEARLY HIGH
0.1824 ISK
YEARLY LOW
0.1490 ISK
YEARLY AVERAGE
0.1676 ISK

2021 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1824. Conversely, the yearly low was recorded on December 20, dropping to 0.1490.

This high-to-low spread represents a total annual volatility of 0.0334 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1777 to the December average rate of 0.1531, the exchange rate registered a net change of -13.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1824 was down 1.42% compared to the 2020 peak of 0.1850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 182,382 ISK
2020 Average 171,009 ISK
Yearly Trough Low 148,996 ISK
Transaction Impact: A difference of 33,386.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1801
0.1507
JanuMarcMayJulySeptNove

CLP 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 0.1748, compared to 0.1603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.1748
H2 Avg (Jul–Dec) 0.1603

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0133 ISK (High: 0.1787 / Low: 0.1654). On the other end, August was the most stable month, with a tight range of 0.0041 ISK (High: 0.1635 / Low: 0.1594).

May Spread (Volatile) ±0.0133
August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0072 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1777) against the same month in 2020 (average: 0.1596), the exchange rate shifted by +0.0181 (+11.32%).

2021 Avg (January) 0.1777
2020 Avg (January) 0.1596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1824 0.1743 0.1777
February 0.1814 0.1736 0.1776
March 0.1796 0.1726 0.1754
April 0.1814 0.1732 0.1777
May 0.1787 0.1654 0.1732
June 0.1699 0.1646 0.1674
July 0.1687 0.1628 0.1653
August 0.1635 0.1594 0.1615
September 0.1653 0.1600 0.1632
October 0.1614 0.1563 0.1585
November 0.1658 0.1543 0.1604
December 0.1555 0.1490 0.1531