YEARLY HIGH
1.4304 LRD
YEARLY LOW
1.0802 LRD
YEARLY AVERAGE
1.3111 LRD

2021 ISK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.4304. Conversely, the yearly low was recorded on November 16, dropping to 1.0802.

This high-to-low spread represents a total annual volatility of 0.3501 LRD. From a start-to-finish perspective, comparing the January average rate of 1.3090 to the December average rate of 1.0960, the exchange rate registered a net change of -16.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4304 was down 9.77% compared to the 2020 peak of 1.5853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,152 LRD
2020 Average 7,091 LRD
Yearly Trough Low 5,401 LRD
Transaction Impact: A difference of 1,750.71 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4350
1.0652
JanuMarcMayJulySeptNove

ISK to LRD 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 1.3644, compared to 1.2578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1067 points.

H1 Avg (Jan–Jun) 1.3644
H2 Avg (Jul–Dec) 1.2578

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.1679 LRD (High: 1.3355 / Low: 1.1676). On the other end, July was the most stable month, with a tight range of 0.0335 LRD (High: 1.3927 / Low: 1.3592).

October Spread (Volatile) ±0.1679
July Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.1540 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.4042) against the same month in 2020 (average: 1.4670), the exchange rate shifted by -0.0629 (-4.29%).

2021 Avg (June) 1.4042
2020 Avg (June) 1.4670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3277 1.2850 1.3090
February 1.3755 1.3179 1.3453
March 1.3858 1.3504 1.3634
April 1.4057 1.3539 1.3710
May 1.4239 1.3654 1.3937
June 1.4304 1.3856 1.4042
July 1.3927 1.3592 1.3799
August 1.3883 1.3424 1.3611
September 1.3599 1.3097 1.3385
October 1.3355 1.1676 1.2625
November 1.1577 1.0802 1.1085
December 1.1182 1.0830 1.0960