2021 JMD to ISK Historical Review

YEARLY HIGH

0.9030 ISK

YEARLY LOW

0.7953 ISK

YEARLY AVERAGE

0.8435 ISK

2021 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.9030. Conversely, the yearly low was recorded on April 28, dropping to 0.7953.

This high-to-low spread represents a total annual volatility of 0.1077 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8916 to the December average rate of 0.8427, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9030 was down 15.80% compared to the 2020 peak of 1.0725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 4,515 ISK

2020 Average 4,770 ISK

Yearly Trough Low 3,977 ISK

Transaction Impact: A difference of 538.55 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8994

0.8060

JanuMarcMayJulySeptNove

JMD to ISK 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 0.8481, compared to 0.8390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.8481

H2 Avg (Jul–Dec) 0.8390

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0727 ISK (High: 0.8680 / Low: 0.7953). On the other end, December was the most stable month, with a tight range of 0.0162 ISK (High: 0.8494 / Low: 0.8332).

April Spread (Volatile) ±0.0727

December Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0351 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8916) against the same month in 2020 (average: 0.9179), the exchange rate shifted by -0.0263 (-2.87%).

2021 Avg (January) 0.8916

2020 Avg (January) 0.9179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9030	0.8786	0.8916
February	0.8834	0.8332	0.8565
March	0.8777	0.8360	0.8638
April	0.8680	0.7953	0.8424
May	0.8287	0.8071	0.8180
June	0.8258	0.8049	0.8162
July	0.8344	0.7977	0.8138
August	0.8377	0.7978	0.8198
September	0.8851	0.8361	0.8579
October	0.8851	0.8303	0.8591
November	0.8556	0.8331	0.8405
December	0.8494	0.8332	0.8427