2021 ISK to MNT Historical Review

YEARLY HIGH

23.7917 MNT

YEARLY LOW

21.5173 MNT

YEARLY AVERAGE

22.4636 MNT

2021 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 23.7917. Conversely, the yearly low was recorded on November 16, dropping to 21.5173.

This high-to-low spread represents a total annual volatility of 2.2744 MNT. From a start-to-finish perspective, comparing the January average rate of 22.2027 to the December average rate of 21.9736, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.7917 was up 4.45% compared to the 2020 peak of 22.7783, 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 118,958 MNT

2020 Average 103,952 MNT

Yearly Trough Low 107,587 MNT

Transaction Impact: A difference of 11,371.87 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.4732

21.7119

JanuMarcMayJulySeptNove

ISK to MNT 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 22.6582, compared to 22.2691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3891 points.

H1 Avg (Jan–Jun) 22.6582

H2 Avg (Jul–Dec) 22.2691

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.0317 MNT (High: 23.6633 / Low: 22.6316). On the other end, December was the most stable month, with a tight range of 0.2463 MNT (High: 22.1010 / Low: 21.8548).

May Spread (Volatile) ±1.0317

December Spread (Stable) ±0.2463

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 August and September, when the average rate fell by 0.4314 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 23.3264) against the same month in 2020 (average: 20.7389), the exchange rate shifted by +2.5875 (+12.48%).

2021 Avg (June) 23.3264

2020 Avg (June) 20.7389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5140	21.9982	22.2027
February	22.5997	21.8926	22.2426
March	22.7253	22.1813	22.3970
April	23.2816	22.3464	22.6531
May	23.6633	22.6316	23.1274
June	23.7917	23.0108	23.3264
July	23.1514	22.5629	22.9188
August	23.0523	22.3313	22.6082
September	22.4984	21.8066	22.1769
October	22.2412	21.8851	22.0784
November	22.0555	21.5173	21.8586
December	22.1010	21.8548	21.9736