2021 ISK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ISK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 351.3728. Conversely, the yearly low was recorded on November 16, dropping to 317.9321.
This high-to-low spread represents a total annual volatility of 33.4407 IRR. From a start-to-finish perspective, comparing the January average rate of 327.5810 to the December average rate of 324.8538, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 351.3728 was down 26.00% compared to the 2020 peak of 474.8048, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ISK to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 334.5780, compared to 329.6378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 15.2220 IRR (High: 349.4771 / Low: 334.2551). On the other end, December was the most stable month, with a tight range of 3.7340 IRR (High: 326.7709 / Low: 323.0369).
Growth Streaks & Declines
TrendsBetween 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 6.0603 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 344.9450) against the same month in 2020 (average: 310.3391), the exchange rate shifted by +34.6059 (+11.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 332.7932 | 324.5337 | 327.5810 |
| February | 333.9546 | 323.1885 | 328.2361 |
| March | 336.3019 | 327.4340 | 330.7415 |
| April | 343.8546 | 330.1835 | 334.3863 |
| May | 349.4771 | 334.2551 | 341.5780 |
| June | 351.3728 | 340.6278 | 344.9450 |
| July | 342.1620 | 333.9341 | 338.8847 |
| August | 340.8820 | 329.5586 | 334.3139 |
| September | 333.9202 | 323.3762 | 329.3716 |
| October | 329.4861 | 324.3524 | 327.0188 |
| November | 326.7342 | 317.9321 | 323.3839 |
| December | 326.7709 | 323.0369 | 324.8538 |