2021 CNY to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CNY to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 20.7897. Conversely, the yearly low was recorded on June 2, dropping to 18.7789.
This high-to-low spread represents a total annual volatility of 2.0108 ISK. From a start-to-finish perspective, comparing the January average rate of 19.8542 to the December average rate of 20.4230, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 20.7897 was down 1.54% compared to the 2020 peak of 21.1148, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CNY to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.4542, compared to 19.9157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4615 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.6694 ISK (High: 20.2529 / Low: 19.5834). On the other end, December was the most stable month, with a tight range of 0.2269 ISK (High: 20.5419 / Low: 20.3150).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.2920 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 20.4496) against the same month in 2020 (average: 20.6814), the exchange rate shifted by -0.2318 (-1.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.0333 | 19.5394 | 19.8542 |
| February | 20.1304 | 19.5324 | 19.8429 |
| March | 19.7759 | 19.2315 | 19.5509 |
| April | 19.4720 | 18.8998 | 19.3035 |
| May | 19.4573 | 18.8751 | 19.1748 |
| June | 19.1631 | 18.7789 | 18.9990 |
| July | 19.4817 | 19.0125 | 19.1999 |
| August | 19.7285 | 19.1334 | 19.4729 |
| September | 20.2529 | 19.5834 | 19.8441 |
| October | 20.2648 | 19.8706 | 20.1049 |
| November | 20.7897 | 20.1820 | 20.4496 |
| December | 20.5419 | 20.3150 | 20.4230 |