YEARLY HIGH
0.0510 DKK
YEARLY LOW
0.0474 DKK
YEARLY AVERAGE
0.0495 DKK

2021 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0510. Conversely, the yearly low was recorded on January 27, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0036 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0475 to the December average rate of 0.0506, the exchange rate registered a net change of 6.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0510 was down 7.34% compared to the 2020 peak of 0.0550, 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 255 DKK
2020 Average 242 DKK
Yearly Trough Low 237 DKK
Transaction Impact: A difference of 18.04 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0509
0.0472
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0490, compared to 0.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0490
H2 Avg (Jul–Dec) 0.0500

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0017 DKK (High: 0.0501 / Low: 0.0484). On the other end, June was the most stable month, with a tight range of 0.0004 DKK (High: 0.0508 / Low: 0.0504).

March Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0506) against the same month in 2020 (average: 0.0470), the exchange rate shifted by +0.0036 (+7.65%).

2021 Avg (July) 0.0506
2020 Avg (July) 0.0470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0479 0.0474 0.0475
February 0.0485 0.0476 0.0479
March 0.0501 0.0484 0.0491
April 0.0500 0.0490 0.0494
May 0.0506 0.0492 0.0497
June 0.0508 0.0504 0.0506
July 0.0510 0.0499 0.0506
August 0.0507 0.0495 0.0501
September 0.0497 0.0488 0.0493
October 0.0501 0.0495 0.0497
November 0.0507 0.0494 0.0499
December 0.0509 0.0504 0.0506