YEARLY HIGH
0.0344 MYR
YEARLY LOW
0.0311 MYR
YEARLY AVERAGE
0.0326 MYR

2021 ISK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0344. Conversely, the yearly low was recorded on January 16, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0033 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0314 to the December average rate of 0.0324, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0344 was up 1.87% compared to the 2020 peak of 0.0338, 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 172 MYR
2020 Average 155 MYR
Yearly Trough Low 156 MYR
Transaction Impact: A difference of 16.49 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0341
0.0312
JanuMarcMayJulySeptNove

ISK to MYR 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 0.0326, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0326
H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0017 MYR (High: 0.0344 / Low: 0.0327). On the other end, October was the most stable month, with a tight range of 0.0007 MYR (High: 0.0326 / Low: 0.0319).

May Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0339) against the same month in 2020 (average: 0.0315), the exchange rate shifted by +0.0024 (+7.51%).

2021 Avg (June) 0.0339
2020 Avg (June) 0.0315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0319 0.0311 0.0314
February 0.0320 0.0312 0.0316
March 0.0329 0.0317 0.0323
April 0.0335 0.0324 0.0327
May 0.0344 0.0327 0.0335
June 0.0344 0.0335 0.0339
July 0.0342 0.0335 0.0338
August 0.0342 0.0327 0.0335
September 0.0328 0.0321 0.0325
October 0.0326 0.0319 0.0323
November 0.0326 0.0313 0.0320
December 0.0327 0.0320 0.0324