YEARLY HIGH
0.0069 EUR
YEARLY LOW
0.0064 EUR
YEARLY AVERAGE
0.0067 EUR

2021 ISK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0069. Conversely, the yearly low was recorded on January 23, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0068, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0069 was down 6.93% compared to the 2020 peak of 0.0074, 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 34 EUR
2020 Average 32 EUR
Yearly Trough Low 32 EUR
Transaction Impact: A difference of 2.43 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0068
0.0064
JanuMarcMayJulySeptNove

ISK to EUR 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 0.0066, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0002 EUR (High: 0.0067 / Low: 0.0065). On the other end, June was the most stable month, with a tight range of 0.0001 EUR (High: 0.0068 / Low: 0.0068).

March Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0068) against the same month in 2020 (average: 0.0063), the exchange rate shifted by +0.0005 (+7.78%).

2021 Avg (July) 0.0068
2020 Avg (July) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0064 0.0064
February 0.0065 0.0064 0.0064
March 0.0067 0.0065 0.0066
April 0.0067 0.0066 0.0066
May 0.0068 0.0066 0.0067
June 0.0068 0.0068 0.0068
July 0.0069 0.0067 0.0068
August 0.0068 0.0067 0.0067
September 0.0067 0.0066 0.0066
October 0.0067 0.0067 0.0067
November 0.0068 0.0066 0.0067
December 0.0068 0.0068 0.0068