2021 ISK to TRY Historical Review

YEARLY HIGH

0.1282 TRY

YEARLY LOW

0.0539 TRY

YEARLY AVERAGE

0.0699 TRY

2021 ISK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1282. Conversely, the yearly low was recorded on February 17, dropping to 0.0539.

This high-to-low spread represents a total annual volatility of 0.0742 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.1035, the exchange rate registered a net change of 79.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1282 was up 105.67% compared to the 2020 peak of 0.0623, 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 641 TRY

2020 Average 260 TRY

Yearly Trough Low 270 TRY

Transaction Impact: A difference of 371.20 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1083

0.0506

JanuMarcMayJulySeptNove

ISK to TRY 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 0.0629, compared to 0.0768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.0629

H2 Avg (Jul–Dec) 0.0768

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0459 TRY (High: 0.1282 / Low: 0.0822). On the other end, January was the most stable month, with a tight range of 0.0018 TRY (High: 0.0583 / Low: 0.0566).

December Spread (Volatile) ±0.0459

January Spread (Stable) ±0.0018

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 January and February, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1035) against the same month in 2020 (average: 0.0605), the exchange rate shifted by +0.0430 (+71.07%).

2021 Avg (December) 0.1035

2020 Avg (December) 0.0605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0583	0.0566	0.0576
February	0.0585	0.0539	0.0554
March	0.0658	0.0569	0.0605
April	0.0673	0.0634	0.0650
May	0.0708	0.0662	0.0681
June	0.0719	0.0690	0.0708
July	0.0703	0.0678	0.0691
August	0.0687	0.0659	0.0672
September	0.0692	0.0652	0.0669
October	0.0753	0.0683	0.0716
November	0.1042	0.0736	0.0827
December	0.1282	0.0822	0.1035