YEARLY HIGH
0.0647 HKD
YEARLY LOW
0.0586 HKD
YEARLY AVERAGE
0.0612 HKD

2021 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0647. Conversely, the yearly low was recorded on November 16, dropping to 0.0586.

This high-to-low spread represents a total annual volatility of 0.0061 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0603 to the December average rate of 0.0599, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0647 was up 0.58% compared to the 2020 peak of 0.0644, 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 324 HKD
2020 Average 287 HKD
Yearly Trough Low 293 HKD
Transaction Impact: A difference of 30.73 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0640
0.0592
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0617, compared to 0.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0608

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0027 HKD (High: 0.0644 / Low: 0.0617). On the other end, December was the most stable month, with a tight range of 0.0007 HKD (High: 0.0603 / Low: 0.0597).

May Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0636) against the same month in 2020 (average: 0.0571), the exchange rate shifted by +0.0065 (+11.32%).

2021 Avg (June) 0.0636
2020 Avg (June) 0.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0613 0.0597 0.0603
February 0.0615 0.0595 0.0604
March 0.0620 0.0604 0.0610
April 0.0634 0.0610 0.0617
May 0.0644 0.0617 0.0630
June 0.0647 0.0627 0.0636
July 0.0631 0.0615 0.0625
August 0.0629 0.0609 0.0617
September 0.0615 0.0596 0.0607
October 0.0608 0.0598 0.0603
November 0.0602 0.0586 0.0596
December 0.0603 0.0597 0.0599