YEARLY HIGH
0.0117 NZD
YEARLY LOW
0.0106 NZD
YEARLY AVERAGE
0.0111 NZD

2021 ISK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.0117. Conversely, the yearly low was recorded on February 24, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0011 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0113, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0117 was down 8.32% compared to the 2020 peak of 0.0127, 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 58 NZD
2020 Average 57 NZD
Yearly Trough Low 53 NZD
Transaction Impact: A difference of 5.40 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0116
0.0107
JanuMarcMayJulySeptNove

ISK to NZD 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 0.0111, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0111
H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0006 NZD (High: 0.0114 / Low: 0.0108). On the other end, June was the most stable month, with a tight range of 0.0002 NZD (High: 0.0117 / Low: 0.0115).

March Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0115) against the same month in 2020 (average: 0.0114), the exchange rate shifted by +0.0001 (+0.96%).

2021 Avg (June) 0.0115
2020 Avg (June) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0110 0.0107 0.0108
February 0.0109 0.0106 0.0108
March 0.0114 0.0108 0.0110
April 0.0113 0.0110 0.0112
May 0.0114 0.0110 0.0112
June 0.0117 0.0115 0.0115
July 0.0117 0.0113 0.0115
August 0.0116 0.0113 0.0114
September 0.0112 0.0110 0.0111
October 0.0112 0.0107 0.0110
November 0.0113 0.0107 0.0109
December 0.0115 0.0112 0.0113