YEARLY HIGH
0.1253 ZAR
YEARLY LOW
0.1104 ZAR
YEARLY AVERAGE
0.1164 ZAR

2021 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1253. Conversely, the yearly low was recorded on September 13, dropping to 0.1104.

This high-to-low spread represents a total annual volatility of 0.0149 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1176 to the December average rate of 0.1221, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1253 was down 6.42% compared to the 2020 peak of 0.1339, 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 627 ZAR
2020 Average 608 ZAR
Yearly Trough Low 552 ZAR
Transaction Impact: A difference of 74.31 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1229
0.1129
JanuMarcMayJulySeptNove

ISK to ZAR 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 0.1155, compared to 0.1173 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0018 points.

H1 Avg (JanтАУJun) 0.1155
H2 Avg (JulтАУDec) 0.1173

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0104 ZAR (High: 0.1253 / Low: 0.1149). On the other end, July was the most stable month, with a tight range of 0.0037 ZAR (High: 0.1185 / Low: 0.1147).

November Spread (Volatile) ┬▒0.0104
July Spread (Stable) ┬▒0.0037

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1191) against the same month in 2020 (average: 0.1137), the exchange rate shifted by +0.0054 (+4.76%).

2021 Avg (November) 0.1191
2020 Avg (November) 0.1137

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 0.1219 0.1147 0.1176
February 0.1192 0.1127 0.1151
March 0.1212 0.1157 0.1177
April 0.1163 0.1118 0.1146
May 0.1165 0.1126 0.1140
June 0.1163 0.1110 0.1140
July 0.1185 0.1147 0.1167
August 0.1198 0.1149 0.1173
September 0.1178 0.1104 0.1138
October 0.1180 0.1119 0.1152
November 0.1253 0.1149 0.1191
December 0.1245 0.1195 0.1221