2021 ISK to SGD Historical Review

YEARLY HIGH

0.0110 SGD

YEARLY LOW

0.0102 SGD

YEARLY AVERAGE

0.0106 SGD

2021 ISK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0110. Conversely, the yearly low was recorded on November 16, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0008 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0105, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0110 was down 0.67% compared to the 2020 peak of 0.0111, 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 55 SGD

2020 Average 51 SGD

Yearly Trough Low 51 SGD

Transaction Impact: A difference of 4.15 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0110

0.0103

JanuMarcMayJulySeptNove

ISK to SGD 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 0.0106, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0106

H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0004 SGD (High: 0.0110 / Low: 0.0106). On the other end, June was the most stable month, with a tight range of 0.0002 SGD (High: 0.0110 / Low: 0.0109).

May Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0109) against the same month in 2020 (average: 0.0103), the exchange rate shifted by +0.0007 (+6.38%).

2021 Avg (June) 0.0109

2020 Avg (June) 0.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0105	0.0102	0.0103
February	0.0105	0.0103	0.0104
March	0.0107	0.0104	0.0105
April	0.0108	0.0105	0.0106
May	0.0110	0.0106	0.0108
June	0.0110	0.0109	0.0109
July	0.0110	0.0108	0.0109
August	0.0110	0.0106	0.0107
September	0.0106	0.0104	0.0105
October	0.0106	0.0104	0.0105
November	0.0106	0.0102	0.0104
December	0.0106	0.0104	0.0105