YEARLY HIGH
14.5959 ISK
YEARLY LOW
13.5537 ISK
YEARLY AVERAGE
14.1258 ISK

2021 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 14.5959. Conversely, the yearly low was recorded on June 2, dropping to 13.5537.

This high-to-low spread represents a total annual volatility of 1.0423 ISK. From a start-to-finish perspective, comparing the January average rate of 14.4346 to the December average rate of 14.0562, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.5959 was down 4.69% compared to the 2020 peak of 15.3146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,980 ISK
2020 Average 71,327 ISK
Yearly Trough Low 67,768 ISK
Transaction Impact: A difference of 5,211.29 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.5010
13.7040
JanuMarcMayJulySeptNove

MAD 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 14.1118, compared to 14.1398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 14.1118
H2 Avg (Jul–Dec) 14.1398

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.5026 ISK (High: 14.1272 / Low: 13.6246). On the other end, October was the most stable month, with a tight range of 0.2078 ISK (High: 14.3712 / Low: 14.1634).

May Spread (Volatile) ±0.5026
October Spread (Stable) ±0.2078

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 14.4346) against the same month in 2020 (average: 12.8518), the exchange rate shifted by +1.5828 (+12.32%).

2021 Avg (January) 14.4346
2020 Avg (January) 12.8518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5959 14.3165 14.4346
February 14.4662 14.1797 14.3421
March 14.3093 13.9283 14.1366
April 14.2340 13.7588 14.0625
May 14.1272 13.6246 13.9244
June 13.8816 13.5537 13.7704
July 14.0797 13.7975 13.9078
August 14.2282 13.8734 14.0645
September 14.4565 14.1598 14.2889
October 14.3712 14.1634 14.2572
November 14.4823 14.0113 14.2643
December 14.1673 13.9574 14.0562