YEARLY HIGH
35.4258 ISK
YEARLY LOW
31.9515 ISK
YEARLY AVERAGE
33.8580 ISK

2021 SAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 35.4258. Conversely, the yearly low was recorded on June 2, dropping to 31.9515.

This high-to-low spread represents a total annual volatility of 3.4743 ISK. From a start-to-finish perspective, comparing the January average rate of 34.2686 to the December average rate of 34.6663, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 35.4258 was down 9.70% compared to the 2020 peak of 39.2295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,129 ISK
2020 Average 180,341 ISK
Yearly Trough Low 159,758 ISK
Transaction Impact: A difference of 17,371.30 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

35.0620
32.3272
JanuMarcMayJulySeptNove

SAR 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 33.5700, compared to 34.1460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5760 points.

H1 Avg (Jan–Jun) 33.5700
H2 Avg (Jul–Dec) 34.1460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.4693 ISK (High: 33.5904 / Low: 32.1211). On the other end, December was the most stable month, with a tight range of 0.3847 ISK (High: 34.8652 / Low: 34.4805).

May Spread (Volatile) ±1.4693
December Spread (Stable) ±0.3847

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 0.7026 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 34.8341) against the same month in 2020 (average: 36.4107), the exchange rate shifted by -1.5767 (-4.33%).

2021 Avg (November) 34.8341
2020 Avg (November) 36.4107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.5894 33.7240 34.2686
February 34.7345 33.6130 34.2020
March 34.2854 33.3830 33.9439
April 34.0052 32.6488 33.5765
May 33.5904 32.1211 32.8739
June 32.9934 31.9515 32.5551
July 33.6549 32.8397 33.1519
August 34.1143 32.9635 33.6383
September 34.8085 33.6960 34.1658
October 34.6799 34.1587 34.4194
November 35.4258 34.4715 34.8341
December 34.8652 34.4805 34.6663