2021 ISK to NOK Historical Review

YEARLY HIGH

0.0722 NOK

YEARLY LOW

0.0646 NOK

YEARLY AVERAGE

0.0677 NOK

2021 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0722. Conversely, the yearly low was recorded on October 20, dropping to 0.0646.

This high-to-low spread represents a total annual volatility of 0.0076 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0690, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0722 was down 13.91% compared to the 2020 peak of 0.0838, 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 361 NOK

2020 Average 348 NOK

Yearly Trough Low 323 NOK

Transaction Impact: A difference of 37.79 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0711

0.0651

JanuMarcMayJulySeptNove

ISK to NOK 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 0.0671, compared to 0.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0683

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0049 NOK (High: 0.0699 / Low: 0.0650). On the other end, April was the most stable month, with a tight range of 0.0018 NOK (High: 0.0675 / Low: 0.0658).

November Spread (Volatile) ±0.0049

April Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0706) against the same month in 2020 (average: 0.0672), the exchange rate shifted by +0.0033 (+4.95%).

2021 Avg (July) 0.0706

2020 Avg (July) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0675	0.0652	0.0663
February	0.0681	0.0654	0.0663
March	0.0691	0.0655	0.0670
April	0.0675	0.0658	0.0667
May	0.0693	0.0661	0.0674
June	0.0702	0.0683	0.0691
July	0.0722	0.0691	0.0706
August	0.0714	0.0683	0.0702
September	0.0686	0.0667	0.0676
October	0.0669	0.0646	0.0656
November	0.0699	0.0650	0.0671
December	0.0709	0.0675	0.0690