YEARLY HIGH
63.8786 ISK
YEARLY LOW
59.0499 ISK
YEARLY AVERAGE
61.3995 ISK

2021 FJD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 63.8786. Conversely, the yearly low was recorded on June 2, dropping to 59.0499.

This high-to-low spread represents a total annual volatility of 4.8287 ISK. From a start-to-finish perspective, comparing the January average rate of 63.1323 to the December average rate of 61.0879, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 63.8786 was down 3.81% compared to the 2020 peak of 66.4082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319,393 ISK
2020 Average 312,226 ISK
Yearly Trough Low 295,250 ISK
Transaction Impact: A difference of 24,143.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

63.5734
59.1697
JanuMarcMayJulySeptNove

FJD 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 61.7148, compared to 61.0842 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.6306 points.

H1 Avg (JanтАУJun) 61.7148
H2 Avg (JulтАУDec) 61.0842

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.5058 ISK (High: 61.9610 / Low: 59.4552). On the other end, June was the most stable month, with a tight range of 0.8840 ISK (High: 59.9339 / Low: 59.0499).

May Spread (Volatile) ┬▒2.5058
June Spread (Stable) ┬▒0.8840

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 1.1541 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.1541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 63.1323) against the same month in 2020 (average: 57.0041), the exchange rate shifted by +6.1282 (+10.75%).

2021 Avg (January) 63.1323
2020 Avg (January) 57.0041

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 63.8786 62.3516 63.1323
February 63.5644 62.5474 63.2064
March 63.3477 61.1168 62.2487
April 62.4605 60.4886 61.4738
May 61.9610 59.4552 60.6908
June 59.9339 59.0499 59.5367
July 60.6394 59.2186 59.7703
August 60.6815 59.1353 60.2768
September 61.8975 60.6721 61.4068
October 62.5175 60.9739 61.7520
November 63.2132 60.8581 62.2116
December 61.5592 60.5937 61.0879