YEARLY HIGH
0.0307 AED
YEARLY LOW
0.0276 AED
YEARLY AVERAGE
0.0289 AED

2021 ISK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0307. Conversely, the yearly low was recorded on November 16, dropping to 0.0276.

This high-to-low spread represents a total annual volatility of 0.0030 AED. From a start-to-finish perspective, comparing the January average rate of 0.0286 to the December average rate of 0.0282, 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 0.0307 was up 1.02% compared to the 2020 peak of 0.0303, 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 153 AED
2020 Average 136 AED
Yearly Trough Low 138 AED
Transaction Impact: A difference of 15.07 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0303
0.0279
JanuMarcMayJulySeptNove

ISK to AED 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 0.0292, compared to 0.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0292
H2 Avg (Jul–Dec) 0.0287

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0013 AED (High: 0.0305 / Low: 0.0292). On the other end, December was the most stable month, with a tight range of 0.0003 AED (High: 0.0284 / Low: 0.0281).

May Spread (Volatile) ±0.0013
December Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0301) against the same month in 2020 (average: 0.0271), the exchange rate shifted by +0.0030 (+11.16%).

2021 Avg (June) 0.0301
2020 Avg (June) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0283 0.0286
February 0.0291 0.0282 0.0286
March 0.0293 0.0286 0.0289
April 0.0300 0.0288 0.0292
May 0.0305 0.0292 0.0298
June 0.0307 0.0297 0.0301
July 0.0298 0.0291 0.0295
August 0.0297 0.0287 0.0291
September 0.0291 0.0281 0.0287
October 0.0287 0.0282 0.0285
November 0.0284 0.0276 0.0281
December 0.0284 0.0281 0.0282