2021 PEN to ISK Historical Review

YEARLY HIGH

35.9224 ISK

YEARLY LOW

30.4179 ISK

YEARLY AVERAGE

32.7965 ISK

2021 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 35.9224. Conversely, the yearly low was recorded on August 2, dropping to 30.4179.

This high-to-low spread represents a total annual volatility of 5.5046 ISK. From a start-to-finish perspective, comparing the January average rate of 35.4393 to the December average rate of 32.1739, the exchange rate registered a net change of -9.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 35.9224 was down 17.69% compared to the 2020 peak of 43.6443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,612 ISK

2020 Average 193,737 ISK

Yearly Trough Low 152,089 ISK

Transaction Impact: A difference of 27,522.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

35.8897

30.4846

JanuMarcMayJulySeptNove

PEN 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 33.8375, compared to 31.7555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0820 points.

H1 Avg (Jan–Jun) 33.8375

H2 Avg (Jul–Dec) 31.7555

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.4242 ISK (High: 35.4856 / Low: 32.0614). On the other end, September was the most stable month, with a tight range of 0.7997 ISK (High: 31.6012 / Low: 30.8015).

April Spread (Volatile) ±3.4242

September Spread (Stable) ±0.7997

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 1.5140 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 35.4393) against the same month in 2020 (average: 37.1305), the exchange rate shifted by -1.6912 (-4.55%).

2021 Avg (January) 35.4393

2020 Avg (January) 37.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.9224	34.8844	35.4393
February	35.7745	34.5940	35.1878
March	34.8685	33.6759	34.3453
April	35.4856	32.0614	34.1402
May	34.0585	31.2813	32.7134
June	31.6781	30.7316	31.1994
July	32.1929	31.0864	31.5845
August	31.5237	30.4179	30.9350
September	31.6012	30.8015	31.1925
October	32.9286	31.0074	32.1360
November	33.2478	31.8704	32.5112
December	32.7668	31.7949	32.1739