YEARLY HIGH
9.2045 ISK
YEARLY LOW
5.7468 ISK
YEARLY AVERAGE
7.2684 ISK

2021 SRD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 9.2045. Conversely, the yearly low was recorded on June 21, dropping to 5.7468.

This high-to-low spread represents a total annual volatility of 3.4577 ISK. From a start-to-finish perspective, comparing the January average rate of 9.0823 to the December average rate of 6.1431, the exchange rate registered a net change of -32.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.2045 was down 53.41% compared to the 2020 peak of 19.7560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,022 ISK
2020 Average 78,958 ISK
Yearly Trough Low 28,734 ISK
Transaction Impact: A difference of 17,288.46 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4027
5.5572
JanuMarcMayJulySeptNove

SRD 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 8.5344, compared to 6.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5321 points.

H1 Avg (Jan–Jun) 8.5344
H2 Avg (Jul–Dec) 6.0023

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.8112 ISK (High: 8.5580 / Low: 5.7468). On the other end, October was the most stable month, with a tight range of 0.0912 ISK (High: 6.0669 / Low: 5.9757).

June Spread (Volatile) ±2.8112
October Spread (Stable) ±0.0912

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 2.2522 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.2522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 9.0634) against the same month in 2020 (average: 16.9640), the exchange rate shifted by -7.9006 (-46.57%).

2021 Avg (February) 9.0634
2020 Avg (February) 16.9640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1663 8.9388 9.0823
February 9.2045 8.9077 9.0634
March 9.0851 8.8456 8.9952
April 9.0095 8.6513 8.8971
May 8.8997 8.5121 8.7105
June 8.5580 5.7468 6.4582
July 5.9495 5.7790 5.8777
August 5.9782 5.7753 5.8977
September 6.1014 5.9072 5.9950
October 6.0669 5.9757 6.0250
November 6.1772 6.0054 6.0755
December 6.7034 6.0109 6.1431