YEARLY HIGH
1.1183 ISK
YEARLY LOW
1.0244 ISK
YEARLY AVERAGE
1.0747 ISK

2021 NPR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.1183. Conversely, the yearly low was recorded on June 2, dropping to 1.0244.

This high-to-low spread represents a total annual volatility of 0.0939 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0989 to the December average rate of 1.0794, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1183 was down 7.97% compared to the 2020 peak of 1.2152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,592 ISK
2020 Average 5,708 ISK
Yearly Trough Low 5,122 ISK
Transaction Impact: A difference of 469.64 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1098
1.0306
JanuMarcMayJulySeptNove

NPR 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 1.0743, compared to 1.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 1.0743
H2 Avg (Jul–Dec) 1.0751

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0566 ISK (High: 1.0853 / Low: 1.0287). On the other end, June was the most stable month, with a tight range of 0.0205 ISK (High: 1.0449 / Low: 1.0244).

April Spread (Volatile) ±0.0566
June Spread (Stable) ±0.0205

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 March and April, when the average rate fell by 0.0356 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.1032) against the same month in 2020 (average: 1.1065), the exchange rate shifted by -0.0033 (-0.30%).

2021 Avg (February) 1.1032
2020 Avg (February) 1.1065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1147 1.0819 1.0989
February 1.1183 1.0835 1.1032
March 1.1089 1.0725 1.0947
April 1.0853 1.0287 1.0591
May 1.0657 1.0378 1.0524
June 1.0449 1.0244 1.0372
July 1.0607 1.0328 1.0437
August 1.0845 1.0393 1.0636
September 1.1031 1.0756 1.0892
October 1.0931 1.0683 1.0777
November 1.1165 1.0782 1.0970
December 1.0951 1.0638 1.0794