YEARLY HIGH
6.7116 CLP
YEARLY LOW
5.4830 CLP
YEARLY AVERAGE
5.9829 CLP

2021 ISK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 6.7116. Conversely, the yearly low was recorded on January 5, dropping to 5.4830.

This high-to-low spread represents a total annual volatility of 1.2286 CLP. From a start-to-finish perspective, comparing the January average rate of 5.6287 to the December average rate of 6.5312, the exchange rate registered a net change of 16.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.7116 was up 2.34% compared to the 2020 peak of 6.5581, 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 33,558 CLP
2020 Average 29,300 CLP
Yearly Trough Low 27,415 CLP
Transaction Impact: A difference of 6,143.02 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6215
5.5384
JanuMarcMayJulySeptNove

ISK to CLP 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 5.7236, compared to 6.2422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5185 points.

H1 Avg (Jan–Jun) 5.7236
H2 Avg (Jul–Dec) 6.2422

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4521 CLP (High: 6.4825 / Low: 6.0305). On the other end, August was the most stable month, with a tight range of 0.1561 CLP (High: 6.2724 / Low: 6.1163).

November Spread (Volatile) ±0.4521
August Spread (Stable) ±0.1561

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0732 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.5312) against the same month in 2020 (average: 5.7348), the exchange rate shifted by +0.7965 (+13.89%).

2021 Avg (December) 6.5312
2020 Avg (December) 5.7348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.7372 5.4830 5.6287
February 5.7619 5.5141 5.6314
March 5.7926 5.5683 5.7016
April 5.7726 5.5117 5.6294
May 6.0461 5.5975 5.7783
June 6.0746 5.8871 5.9725
July 6.1412 5.9293 6.0511
August 6.2724 6.1163 6.1916
September 6.2510 6.0503 6.1294
October 6.3985 6.1956 6.3115
November 6.4825 6.0305 6.2382
December 6.7116 6.4327 6.5312