YEARLY HIGH
0.9146 JPY
YEARLY LOW
0.7998 JPY
YEARLY AVERAGE
0.8650 JPY

2021 ISK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.9146. Conversely, the yearly low was recorded on January 18, dropping to 0.7998.

This high-to-low spread represents a total annual volatility of 0.1148 JPY. From a start-to-finish perspective, comparing the January average rate of 0.8074 to the December average rate of 0.8751, the exchange rate registered a net change of 8.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9146 was up 1.83% compared to the 2020 peak of 0.8982, 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 4,573 JPY
2020 Average 3,954 JPY
Yearly Trough Low 3,999 JPY
Transaction Impact: A difference of 574.24 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9117
0.7979
JanuMarcMayJulySeptNove

ISK to JPY 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 0.8564, compared to 0.8736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.8564
H2 Avg (Jul–Dec) 0.8736

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0444 JPY (High: 0.9115 / Low: 0.8671). On the other end, December was the most stable month, with a tight range of 0.0185 JPY (High: 0.8869 / Low: 0.8684).

May Spread (Volatile) ±0.0444
December Spread (Stable) ±0.0185

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 July and August, when the average rate fell by 0.0160 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.9022) against the same month in 2020 (average: 0.7934), the exchange rate shifted by +0.1088 (+13.71%).

2021 Avg (June) 0.9022
2020 Avg (June) 0.7934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8201 0.7998 0.8074
February 0.8438 0.8099 0.8221
March 0.8736 0.8409 0.8547
April 0.8862 0.8577 0.8664
May 0.9115 0.8671 0.8858
June 0.9146 0.8918 0.9022
July 0.8988 0.8712 0.8868
August 0.8868 0.8577 0.8708
September 0.8696 0.8402 0.8597
October 0.8887 0.8567 0.8766
November 0.8822 0.8626 0.8724
December 0.8869 0.8684 0.8751