2021 ISK to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ISK to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ISK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 56.4247. Conversely, the yearly low was recorded on April 11, dropping to 48.9339.
This high-to-low spread represents a total annual volatility of 7.4908 PYG. From a start-to-finish perspective, comparing the January average rate of 53.7157 to the December average rate of 52.4110, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 56.4247 was up 0.53% compared to the 2020 peak of 56.1276, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ISK to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.0678, compared to 53.6966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6289 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 4.1370 PYG (High: 53.0709 / Low: 48.9339). On the other end, October was the most stable month, with a tight range of 0.8944 PYG (High: 53.9173 / Low: 53.0229).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1914 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 55.2934) against the same month in 2020 (average: 49.3779), the exchange rate shifted by +5.9156 (+11.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 54.5733 | 52.8853 | 53.7157 |
| February | 53.7646 | 51.2416 | 52.5243 |
| March | 52.5873 | 50.5890 | 51.6734 |
| April | 53.0709 | 48.9339 | 50.7787 |
| May | 56.1273 | 52.3763 | 54.4212 |
| June | 56.4247 | 54.5759 | 55.2934 |
| July | 55.8869 | 54.2427 | 54.9839 |
| August | 55.9382 | 54.1681 | 54.9106 |
| September | 54.8279 | 52.7355 | 53.8490 |
| October | 53.9173 | 53.0229 | 53.5054 |
| November | 53.2581 | 51.6856 | 52.5200 |
| December | 53.0208 | 52.1092 | 52.4110 |