YEARLY HIGH
0.0059 SHP
YEARLY LOW
0.0056 SHP
YEARLY AVERAGE
0.0057 SHP

2021 ISK to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0059. Conversely, the yearly low was recorded on February 23, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0003 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0058, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0059 was down 5.71% compared to the 2020 peak of 0.0063, 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 29 SHP
2020 Average 29 SHP
Yearly Trough Low 28 SHP
Transaction Impact: A difference of 1.73 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0059
0.0056
JanuMarcMayJulySeptNove

ISK to SHP 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 0.0057, compared to 0.0057 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0000 points.

H1 Avg (JanтАУJun) 0.0057
H2 Avg (JulтАУDec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0002 SHP (High: 0.0058 / Low: 0.0056). On the other end, June was the most stable month, with a tight range of 0.0001 SHP (High: 0.0059 / Low: 0.0058).

March Spread (Volatile) ┬▒0.0002
June Spread (Stable) ┬▒0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0058) against the same month in 2020 (average: 0.0057), the exchange rate shifted by +0.0001 (+2.00%).

2021 Avg (July) 0.0058
2020 Avg (July) 0.0057

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 0.0058 0.0056 0.0057
February 0.0057 0.0056 0.0056
March 0.0058 0.0056 0.0057
April 0.0059 0.0057 0.0057
May 0.0058 0.0057 0.0058
June 0.0059 0.0058 0.0058
July 0.0059 0.0057 0.0058
August 0.0058 0.0057 0.0057
September 0.0058 0.0056 0.0057
October 0.0057 0.0056 0.0057
November 0.0058 0.0056 0.0057
December 0.0058 0.0057 0.0058