YEARLY HIGH
7.5106 KPW
YEARLY LOW
6.7725 KPW
YEARLY AVERAGE
7.0902 KPW

2021 ISK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 7.5106. Conversely, the yearly low was recorded on November 16, dropping to 6.7725.

This high-to-low spread represents a total annual volatility of 0.7381 KPW. From a start-to-finish perspective, comparing the January average rate of 7.0015 to the December average rate of 6.9179, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.5106 was up 1.02% compared to the 2020 peak of 7.4349, 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 37,553 KPW
2020 Average 33,328 KPW
Yearly Trough Low 33,863 KPW
Transaction Impact: A difference of 3,690.61 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.4209
6.8396
JanuMarcMayJulySeptNove

ISK to KPW 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 7.1513, compared to 7.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1222 points.

H1 Avg (Jan–Jun) 7.1513
H2 Avg (Jul–Dec) 7.0291

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3254 KPW (High: 7.4701 / Low: 7.1447). On the other end, December was the most stable month, with a tight range of 0.0754 KPW (High: 6.9567 / Low: 6.8813).

May Spread (Volatile) ±0.3254
December Spread (Stable) ±0.0754

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 0.1341 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 7.3725) against the same month in 2020 (average: 6.6326), the exchange rate shifted by +0.7399 (+11.16%).

2021 Avg (June) 7.3725
2020 Avg (June) 6.6326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1135 6.9370 7.0015
February 7.1383 6.9082 7.0161
March 7.1885 6.9989 7.0693
April 7.3499 7.0577 7.1476
May 7.4701 7.1447 7.3011
June 7.5106 7.2733 7.3725
July 7.3064 7.1298 7.2384
August 7.2792 7.0362 7.1346
September 7.1219 6.8934 7.0241
October 7.0258 6.9183 6.9717
November 6.9600 6.7725 6.8881
December 6.9567 6.8813 6.9179