YEARLY HIGH
0.0458 BRL
YEARLY LOW
0.0399 BRL
YEARLY AVERAGE
0.0425 BRL

2021 ISK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0458. Conversely, the yearly low was recorded on June 28, dropping to 0.0399.

This high-to-low spread represents a total annual volatility of 0.0060 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0435, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0458 was up 10.85% compared to the 2020 peak of 0.0414, 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 229 BRL
2020 Average 190 BRL
Yearly Trough Low 199 BRL
Transaction Impact: A difference of 29.76 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0446
0.0408
JanuMarcMayJulySeptNove

ISK to BRL 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 0.0428, compared to 0.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0428
H2 Avg (Jul–Dec) 0.0422

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0029 BRL (High: 0.0428 / Low: 0.0399). On the other end, December was the most stable month, with a tight range of 0.0016 BRL (High: 0.0442 / Low: 0.0426).

June Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0443) against the same month in 2020 (average: 0.0363), the exchange rate shifted by +0.0080 (+22.17%).

2021 Avg (March) 0.0443
2020 Avg (March) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0427 0.0403 0.0417
February 0.0442 0.0413 0.0422
March 0.0458 0.0431 0.0443
April 0.0452 0.0433 0.0443
May 0.0439 0.0420 0.0430
June 0.0428 0.0399 0.0412
July 0.0427 0.0407 0.0415
August 0.0424 0.0408 0.0417
September 0.0423 0.0406 0.0412
October 0.0440 0.0414 0.0429
November 0.0438 0.0411 0.0425
December 0.0442 0.0426 0.0435