YEARLY HIGH
3.2984 ISK
YEARLY LOW
0.5746 ISK
YEARLY AVERAGE
2.9057 ISK

2021 ETB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 3.2984. Conversely, the yearly low was recorded on December 27, dropping to 0.5746.

This high-to-low spread represents a total annual volatility of 2.7238 ISK. From a start-to-finish perspective, comparing the January average rate of 3.2614 to the December average rate of 2.6082, the exchange rate registered a net change of -20.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.2984 was down 26.27% compared to the 2020 peak of 4.4738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,492 ISK
2020 Average 19,431 ISK
Yearly Trough Low 2,873 ISK
Transaction Impact: A difference of 13,618.81 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3267
2.5429
JanuMarcMayJulySeptNove

ETB 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: JanтАУJun) was 3.0583, compared to 2.7530 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.3053 points.

H1 Avg (JanтАУJun) 3.0583
H2 Avg (JulтАУDec) 2.7530

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.1345 ISK (High: 2.7091 / Low: 0.5746). On the other end, July was the most stable month, with a tight range of 0.0665 ISK (High: 2.8559 / Low: 2.7893).

December Spread (Volatile) ┬▒2.1345
July Spread (Stable) ┬▒0.0665

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1420 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.2206) against the same month in 2020 (average: 3.9417), the exchange rate shifted by -0.7211 (-18.29%).

2021 Avg (February) 3.2206
2020 Avg (February) 3.9417

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 3.2981 3.2154 3.2614
February 3.2984 3.1268 3.2206
March 3.1904 3.0655 3.1447
April 3.0822 2.9235 3.0245
May 2.9742 2.7719 2.8918
June 2.8538 2.7622 2.8067
July 2.8559 2.7893 2.8220
August 2.8330 2.7604 2.7956
September 2.8204 2.7523 2.7818
October 2.8063 2.7109 2.7604
November 2.8083 2.7083 2.7502
December 2.7091 0.5746 2.6082