YEARLY HIGH
0.0103 CAD
YEARLY LOW
0.0095 CAD
YEARLY AVERAGE
0.0099 CAD

2021 ISK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0103. Conversely, the yearly low was recorded on November 16, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0008 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0099 to the December average rate of 0.0098, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0103 was down 4.53% compared to the 2020 peak of 0.0108, 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 51 CAD
2020 Average 50 CAD
Yearly Trough Low 47 CAD
Transaction Impact: A difference of 4.11 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0101
0.0096
JanuMarcMayJulySeptNove

ISK to CAD 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 0.0099, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0099
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0004 CAD (High: 0.0099 / Low: 0.0095). On the other end, June was the most stable month, with a tight range of 0.0001 CAD (High: 0.0101 / Low: 0.0100).

November Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0101) against the same month in 2020 (average: 0.0098), the exchange rate shifted by +0.0003 (+3.02%).

2021 Avg (July) 0.0101
2020 Avg (July) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0100 0.0098 0.0099
February 0.0100 0.0098 0.0099
March 0.0100 0.0097 0.0099
April 0.0100 0.0098 0.0099
May 0.0100 0.0097 0.0098
June 0.0101 0.0100 0.0100
July 0.0103 0.0099 0.0101
August 0.0101 0.0099 0.0100
September 0.0100 0.0097 0.0099
October 0.0098 0.0095 0.0096
November 0.0099 0.0095 0.0096
December 0.0100 0.0097 0.0098