YEARLY HIGH
2.9792 MRO
YEARLY LOW
0.0077 MRO
YEARLY AVERAGE
2.7462 MRO

2021 ISK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 2.9792. Conversely, the yearly low was recorded on December 28, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 2.9716 MRO. From a start-to-finish perspective, comparing the January average rate of 2.7773 to the December average rate of 1.9496, the exchange rate registered a net change of -29.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9792 was up 1.02% compared to the 2020 peak of 2.9492, 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 14,896 MRO
2020 Average 13,220 MRO
Yearly Trough Low 38 MRO
Transaction Impact: A difference of 14,857.75 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0219
1.8521
JanuMarcMayJulySeptNove

ISK to MRO 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 2.8367, compared to 2.6558 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1809 points.

H1 Avg (JanтАУJun) 2.8367
H2 Avg (JulтАУDec) 2.6558

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.7518 MRO (High: 2.7595 / Low: 0.0077). On the other end, October was the most stable month, with a tight range of 0.0426 MRO (High: 2.7869 / Low: 2.7443).

December Spread (Volatile) ┬▒2.7518
October Spread (Stable) ┬▒0.0426

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.7827 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 2.9244) against the same month in 2020 (average: 2.6309), the exchange rate shifted by +0.2935 (+11.16%).

2021 Avg (June) 2.9244
2020 Avg (June) 2.6309

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 2.8217 2.7517 2.7773
February 2.8315 2.7403 2.7831
March 2.8514 2.7762 2.8041
April 2.9155 2.7996 2.8352
May 2.9631 2.8341 2.8961
June 2.9792 2.8851 2.9244
July 2.8982 2.8282 2.8712
August 2.8874 2.7910 2.8301
September 2.8250 2.7344 2.7862
October 2.7869 2.7443 2.7654
November 2.7608 2.6864 2.7323
December 2.7595 0.0077 1.9496