2021 ISK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ISK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ISK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 16.6147. Conversely, the yearly low was recorded on November 16, dropping to 15.0742.
This high-to-low spread represents a total annual volatility of 1.5405 CDF. From a start-to-finish perspective, comparing the January average rate of 15.3531 to the December average rate of 15.3772, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 16.6147 was up 5.84% compared to the 2020 peak of 15.6985, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ISK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.7844, compared to 15.5872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1973 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.7345 CDF (High: 16.2703 / Low: 15.5358). On the other end, December was the most stable month, with a tight range of 0.2857 CDF (High: 15.4569 / Low: 15.1711).
Growth Streaks & Declines
TrendsBetween 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 0.2882 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 16.3101) against the same month in 2020 (average: 13.7951), the exchange rate shifted by +2.5150 (+18.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.5756 | 15.1912 | 15.3531 |
| February | 15.6933 | 15.1914 | 15.4393 |
| March | 15.8625 | 15.4113 | 15.6129 |
| April | 16.2703 | 15.5358 | 15.8008 |
| May | 16.5502 | 15.8378 | 16.1904 |
| June | 16.6147 | 16.0557 | 16.3101 |
| July | 16.2648 | 15.7404 | 16.0219 |
| August | 16.1219 | 15.5200 | 15.7626 |
| September | 15.7121 | 15.2655 | 15.5400 |
| October | 15.6146 | 15.2941 | 15.4794 |
| November | 15.5210 | 15.0742 | 15.3420 |
| December | 15.4569 | 15.1711 | 15.3772 |