YEARLY HIGH
51.9639 ISK
YEARLY LOW
47.6780 ISK
YEARLY AVERAGE
49.9026 ISK

2021 WST to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the WST to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 51.9639. Conversely, the yearly low was recorded on June 2, dropping to 47.6780.

This high-to-low spread represents a total annual volatility of 4.2860 ISK. From a start-to-finish perspective, comparing the January average rate of 51.1485 to the December average rate of 50.1449, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.9639 was down 3.71% compared to the 2020 peak of 53.9687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259,820 ISK
2020 Average 254,279 ISK
Yearly Trough Low 238,390 ISK
Transaction Impact: A difference of 21,429.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.4317
48.0336
JanuMarcMayJulySeptNove

WST 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 49.9320, compared to 49.8731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0589 points.

H1 Avg (Jan–Jun) 49.9320
H2 Avg (Jul–Dec) 49.8731

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.0216 ISK (High: 50.3851 / Low: 48.3636). On the other end, October was the most stable month, with a tight range of 0.8327 ISK (High: 50.5904 / Low: 49.7577).

April Spread (Volatile) ±2.0216
October Spread (Stable) ±0.8327

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.7785 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 51.0695) against the same month in 2020 (average: 47.2636), the exchange rate shifted by +3.8059 (+8.05%).

2021 Avg (February) 51.0695
2020 Avg (February) 47.2636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.8748 50.2599 51.1485
February 51.9639 50.2367 51.0695
March 51.1846 49.6842 50.4479
April 50.3851 48.3636 49.6912
May 49.7525 47.9366 48.9184
June 48.9779 47.6780 48.3168
July 49.4694 48.2622 48.7827
August 49.7955 48.2388 49.1603
September 50.8054 49.3543 50.0354
October 50.5904 49.7577 50.1919
November 51.8815 50.3526 50.9235
December 50.6528 49.6164 50.1449