2021 KWD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 439.4743. Conversely, the yearly low was recorded on June 2, dropping to 398.4001.
This high-to-low spread represents a total annual volatility of 41.0742 ISK. From a start-to-finish perspective, comparing the January average rate of 423.9597 to the December average rate of 429.6901, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 439.4743 was down 7.78% compared to the 2020 peak of 476.5432, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
KWD to ISK 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 416.9701, compared to 424.7664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7963 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 17.4145 ISK (High: 417.9690 / Low: 400.5546). On the other end, December was the most stable month, with a tight range of 5.1126 ISK (High: 431.6858 / Low: 426.5732).
Growth Streaks & Declines
TrendsBetween June and November, 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 April and May, when the average rate fell by 7.9036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 432.2395) against the same month in 2020 (average: 446.7927), the exchange rate shifted by -14.5532 (-3.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 428.3757 | 417.0100 | 423.9597 |
| February | 429.9102 | 416.6378 | 423.8297 |
| March | 425.1807 | 414.5640 | 421.0377 |
| April | 422.5525 | 406.9323 | 417.6361 |
| May | 417.9690 | 400.5546 | 409.7325 |
| June | 411.3027 | 398.4001 | 405.6249 |
| July | 419.4498 | 409.2903 | 413.2627 |
| August | 424.9683 | 411.5846 | 419.4299 |
| September | 432.8252 | 420.4037 | 425.9517 |
| October | 430.9985 | 425.0251 | 428.0244 |
| November | 439.4743 | 428.5417 | 432.2395 |
| December | 431.6858 | 426.5732 | 429.6901 |