YEARLY HIGH
0.6089 INR
YEARLY LOW
0.5602 INR
YEARLY AVERAGE
0.5823 INR

2021 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.6089. Conversely, the yearly low was recorded on February 4, dropping to 0.5602.

This high-to-low spread represents a total annual volatility of 0.0486 INR. From a start-to-finish perspective, comparing the January average rate of 0.5688 to the December average rate of 0.5797, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6089 was up 3.32% compared to the 2020 peak of 0.5893, 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 3,044 INR
2020 Average 2,743 INR
Yearly Trough Low 2,801 INR
Transaction Impact: A difference of 243.24 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6065
0.5642
JanuMarcMayJulySeptNove

ISK to INR 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 0.5827, compared to 0.5819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5827
H2 Avg (Jul–Dec) 0.5819

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0266 INR (High: 0.6069 / Low: 0.5803). On the other end, June was the most stable month, with a tight range of 0.0089 INR (High: 0.6089 / Low: 0.6000).

April Spread (Volatile) ±0.0266
June Spread (Stable) ±0.0089

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 August and September, when the average rate fell by 0.0132 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6030) against the same month in 2020 (average: 0.5584), the exchange rate shifted by +0.0447 (+8.00%).

2021 Avg (June) 0.6030
2020 Avg (June) 0.5584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5802 0.5630 0.5688
February 0.5813 0.5602 0.5678
March 0.5823 0.5653 0.5717
April 0.6069 0.5803 0.5915
May 0.6033 0.5859 0.5937
June 0.6089 0.6000 0.6030
July 0.6050 0.5897 0.5993
August 0.6012 0.5781 0.5875
September 0.5798 0.5680 0.5744
October 0.5845 0.5719 0.5804
November 0.5792 0.5603 0.5700
December 0.5888 0.5709 0.5797