2021 MXN to ISK Historical Review

YEARLY HIGH

6.6104 ISK

YEARLY LOW

5.9271 ISK

YEARLY AVERAGE

6.2618 ISK

2021 MXN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 6.6104. Conversely, the yearly low was recorded on November 27, dropping to 5.9271.

This high-to-low spread represents a total annual volatility of 0.6832 ISK. From a start-to-finish perspective, comparing the January average rate of 6.4383 to the December average rate of 6.2273, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.6104 was down 3.80% compared to the 2020 peak of 6.8715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 330,519 ISK

2020 Average 315,909 ISK

Yearly Trough Low 296,357 ISK

Transaction Impact: A difference of 34,162.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.4729

6.0578

JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 6.2385, compared to 6.2850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 6.2385

H2 Avg (Jul–Dec) 6.2850

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4926 ISK (High: 6.4198 / Low: 5.9271). On the other end, August was the most stable month, with a tight range of 0.1242 ISK (High: 6.3355 / Low: 6.2113).

November Spread (Volatile) ±0.4926

August Spread (Stable) ±0.1242

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.1882 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.4383) against the same month in 2020 (average: 6.5669), the exchange rate shifted by -0.1286 (-1.96%).

2021 Avg (January) 6.4383

2020 Avg (January) 6.5669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6104	6.2458	6.4383
February	6.4407	6.0249	6.3192
March	6.2183	5.9620	6.1311
April	6.3570	6.1323	6.2775
May	6.2759	6.0379	6.1728
June	6.2374	5.9769	6.0924
July	6.3123	6.1798	6.2330
August	6.3355	6.2113	6.2816
September	6.4688	6.3075	6.3970
October	6.4037	6.2236	6.3121
November	6.4198	5.9271	6.2590
December	6.3711	6.0292	6.2273