2021 ISK to MXN Historical Review

YEARLY HIGH

0.1687 MXN

YEARLY LOW

0.1513 MXN

YEARLY AVERAGE

0.1598 MXN

2021 ISK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1687. Conversely, the yearly low was recorded on January 20, dropping to 0.1513.

This high-to-low spread represents a total annual volatility of 0.0174 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1554 to the December average rate of 0.1606, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1687 was down 6.26% compared to the 2020 peak of 0.1800, 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 844 MXN

2020 Average 793 MXN

Yearly Trough Low 756 MXN

Transaction Impact: A difference of 87.19 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1651

0.1545

JanuMarcMayJulySeptNove

ISK to MXN 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 0.1604, compared to 0.1591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1604

H2 Avg (Jul–Dec) 0.1591

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0129 MXN (High: 0.1687 / Low: 0.1558). On the other end, August was the most stable month, with a tight range of 0.0032 MXN (High: 0.1610 / Low: 0.1578).

November Spread (Volatile) ±0.0129

August Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1599) against the same month in 2020 (average: 0.1494), the exchange rate shifted by +0.0105 (+7.04%).

2021 Avg (November) 0.1599

2020 Avg (November) 0.1494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1601	0.1513	0.1554
February	0.1660	0.1553	0.1583
March	0.1677	0.1608	0.1631
April	0.1631	0.1573	0.1593
May	0.1656	0.1593	0.1620
June	0.1673	0.1603	0.1642
July	0.1618	0.1584	0.1604
August	0.1610	0.1578	0.1592
September	0.1585	0.1546	0.1563
October	0.1607	0.1562	0.1584
November	0.1687	0.1558	0.1599
December	0.1659	0.1570	0.1606