YEARLY HIGH
37.6993 ISK
YEARLY LOW
33.9379 ISK
YEARLY AVERAGE
35.9900 ISK

2021 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 37.6993. Conversely, the yearly low was recorded on June 1, dropping to 33.9379.

This high-to-low spread represents a total annual volatility of 3.7614 ISK. From a start-to-finish perspective, comparing the January average rate of 36.3878 to the December average rate of 36.8572, 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 37.6993 was down 11.98% compared to the 2020 peak of 42.8306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,496 ISK
2020 Average 195,122 ISK
Yearly Trough Low 169,689 ISK
Transaction Impact: A difference of 18,807.19 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.3203
34.3929
JanuMarcMayJulySeptNove

PGK 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 35.6423, compared to 36.3377 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.6954 points.

H1 Avg (JanтАУJun) 35.6423
H2 Avg (JulтАУDec) 36.3377

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.7369 ISK (High: 35.6953 / Low: 33.9584). On the other end, October was the most stable month, with a tight range of 0.5156 ISK (High: 36.8080 / Low: 36.2925).

May Spread (Volatile) ┬▒1.7369
October Spread (Stable) ┬▒0.5156

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 April and May, when the average rate fell by 0.6529 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 37.0763) against the same month in 2020 (average: 38.8191), the exchange rate shifted by -1.7428 (-4.49%).

2021 Avg (November) 37.0763
2020 Avg (November) 38.8191

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 36.7914 35.7342 36.3878
February 37.0358 35.6625 36.2620
March 36.5243 35.4789 36.0497
April 36.0946 34.7038 35.5852
May 35.6953 33.9584 34.9323
June 35.3057 33.9379 34.6368
July 36.1173 34.8266 35.3947
August 36.3430 35.2145 35.7190
September 37.0824 35.7205 36.3728
October 36.8080 36.2925 36.6059
November 37.6993 36.7054 37.0763
December 37.1897 36.5543 36.8572