2026 PEN to ISK Historical Review

YEARLY HIGH

37.6146 ISK

YEARLY LOW

34.8927 ISK

YEARLY AVERAGE

36.4618 ISK

2026 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 37.6146. Conversely, the yearly low was recorded on April 29, dropping to 34.8927.

This high-to-low spread represents a total annual volatility of 2.7219 ISK. From a start-to-finish perspective, comparing the January average rate of 37.1505 to the December average rate of 36.5402, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 37.6146 was down 1.88% compared to the 2025 peak of 38.3347, 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 188,073 ISK

2025 Average 179,753 ISK

Yearly Trough Low 174,463 ISK

Transaction Impact: A difference of 13,609.49 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

37.2883

35.6347

JanuMarcMayJuly

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 36.3733, compared to 36.7274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3541 points.

H1 Avg (Jan–Jun) 36.3733

H2 Avg (Jul–Dec) 36.7274

Volatility Range Comparison

Volatility

The most volatile month in 2026 was April, with a trading range of 1.6312 ISK (High: 36.5239 / Low: 34.8927). On the other end, August was the most stable month, with a tight range of 0.1178 ISK (High: 36.5829 / Low: 36.4650).

April Spread (Volatile) ±1.6312

August Spread (Stable) ±0.1178

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.6741 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 37.1505) against the same month in 2025 (average: 37.4386), the exchange rate shifted by -0.2881 (-0.77%).

2026 Avg (January) 37.1505

2025 Avg (January) 37.4386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.6146	36.0818	37.1505
February	36.7693	36.1950	36.4764
March	36.8786	35.4515	36.1985
April	36.5239	34.8927	35.7725
May	36.1604	34.9765	35.9429
June	37.3422	35.8374	36.6990
July	37.0346	36.6978	36.9147
August	36.5829	36.4650	36.5402