YEARLY HIGH
0.0706 SEK
YEARLY LOW
0.0641 SEK
YEARLY AVERAGE
0.0676 SEK

2021 ISK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0706. Conversely, the yearly low was recorded on January 25, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0065 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0646 to the December average rate of 0.0699, the exchange rate registered a net change of 8.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0706 was down 9.86% compared to the 2020 peak of 0.0783, 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 353 SEK
2020 Average 341 SEK
Yearly Trough Low 320 SEK
Transaction Impact: A difference of 32.71 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0704
0.0640
JanuMarcMayJulySeptNove

ISK to SEK 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 0.0668, compared to 0.0684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0668
H2 Avg (Jul–Dec) 0.0684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0048 SEK (High: 0.0705 / Low: 0.0657). On the other end, January was the most stable month, with a tight range of 0.0010 SEK (High: 0.0651 / Low: 0.0641).

November Spread (Volatile) ±0.0048
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0699) against the same month in 2020 (average: 0.0656), the exchange rate shifted by +0.0043 (+6.58%).

2021 Avg (December) 0.0699
2020 Avg (December) 0.0656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0651 0.0641 0.0646
February 0.0664 0.0644 0.0650
March 0.0689 0.0660 0.0671
April 0.0691 0.0666 0.0675
May 0.0687 0.0669 0.0677
June 0.0697 0.0682 0.0689
July 0.0702 0.0684 0.0694
August 0.0695 0.0679 0.0688
September 0.0681 0.0669 0.0674
October 0.0685 0.0662 0.0671
November 0.0705 0.0657 0.0677
December 0.0706 0.0694 0.0699