YEARLY HIGH
7.5627 ISK
YEARLY LOW
6.8162 ISK
YEARLY AVERAGE
7.2001 ISK

2021 MDL to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 7.5627. Conversely, the yearly low was recorded on July 9, dropping to 6.8162.

This high-to-low spread represents a total annual volatility of 0.7465 ISK. From a start-to-finish perspective, comparing the January average rate of 7.4531 to the December average rate of 7.3367, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.5627 was down 11.00% compared to the 2020 peak of 8.4976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,814 ISK
2020 Average 39,278 ISK
Yearly Trough Low 34,081 ISK
Transaction Impact: A difference of 3,732.58 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.5113
6.8133
JanuMarcMayJulySeptNove

MDL 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 7.1487, compared to 7.2515 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1028 points.

H1 Avg (JanтАУJun) 7.1487
H2 Avg (JulтАУDec) 7.2515

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.3428 ISK (High: 7.2675 / Low: 6.9247). On the other end, June was the most stable month, with a tight range of 0.1264 ISK (High: 6.9483 / Low: 6.8219).

August Spread (Volatile) ┬▒0.3428
June Spread (Stable) ┬▒0.1264

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 February and March, when the average rate fell by 0.1736 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 7.4207) against the same month in 2020 (average: 7.9782), the exchange rate shifted by -0.5575 (-6.99%).

2021 Avg (November) 7.4207
2020 Avg (November) 7.9782

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Month High Low Average
January 7.5415 7.3679 7.4531
February 7.4828 7.2458 7.3672
March 7.3178 7.0135 7.1937
April 7.1392 6.9123 7.0379
May 7.1007 6.8408 6.9689
June 6.9483 6.8219 6.8715
July 7.0354 6.8162 6.9126
August 7.2675 6.9247 7.1387
September 7.4419 7.1694 7.2837
October 7.5133 7.3196 7.4167
November 7.5627 7.3155 7.4207
December 7.4208 7.2742 7.3367