YEARLY HIGH
0.0059 GBP
YEARLY LOW
0.0056 GBP
YEARLY AVERAGE
0.0057 GBP

2021 ISK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0059. Conversely, the yearly low was recorded on February 23, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0003 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0058, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0059 was down 5.71% compared to the 2020 peak of 0.0063, 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 29 GBP
2020 Average 29 GBP
Yearly Trough Low 28 GBP
Transaction Impact: A difference of 1.73 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0059
0.0056
JanuMarcMayJulySeptNove

ISK to GBP 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 0.0057, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0002 GBP (High: 0.0058 / Low: 0.0056). On the other end, June was the most stable month, with a tight range of 0.0001 GBP (High: 0.0059 / Low: 0.0058).

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

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0058) against the same month in 2020 (average: 0.0057), the exchange rate shifted by +0.0001 (+2.00%).

2021 Avg (July) 0.0058
2020 Avg (July) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0057
February 0.0057 0.0056 0.0056
March 0.0058 0.0056 0.0057
April 0.0059 0.0057 0.0057
May 0.0058 0.0057 0.0058
June 0.0059 0.0058 0.0058
July 0.0059 0.0057 0.0058
August 0.0058 0.0057 0.0057
September 0.0058 0.0056 0.0057
October 0.0057 0.0056 0.0057
November 0.0058 0.0056 0.0057
December 0.0058 0.0057 0.0058