YEARLY HIGH
1.6823 ISK
YEARLY LOW
1.1042 ISK
YEARLY AVERAGE
1.5330 ISK

2021 AFN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.6823. Conversely, the yearly low was recorded on December 15, dropping to 1.1042.

This high-to-low spread represents a total annual volatility of 0.5781 ISK. From a start-to-finish perspective, comparing the January average rate of 1.6626 to the December average rate of 1.2796, the exchange rate registered a net change of -23.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6823 was down 13.34% compared to the 2020 peak of 1.9413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,411 ISK
2020 Average 8,808 ISK
Yearly Trough Low 5,521 ISK
Transaction Impact: A difference of 2,890.53 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7009
1.2413
JanuMarcMayJulySeptNove

AFN 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 1.6204, compared to 1.4457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1747 points.

H1 Avg (Jan–Jun) 1.6204
H2 Avg (Jul–Dec) 1.4457

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2497 ISK (High: 1.3539 / Low: 1.1042). On the other end, March was the most stable month, with a tight range of 0.0380 ISK (High: 1.6569 / Low: 1.6190).

December Spread (Volatile) ±0.2497
March Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1299 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.6591) against the same month in 2020 (average: 1.6447), the exchange rate shifted by +0.0144 (+0.88%).

2021 Avg (February) 1.6591
2020 Avg (February) 1.6447

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6798 1.6378 1.6626
February 1.6823 1.6092 1.6591
March 1.6569 1.6190 1.6436
April 1.6435 1.5763 1.6205
May 1.6217 1.5363 1.5848
June 1.5741 1.5275 1.5515
July 1.5858 1.5049 1.5547
August 1.5807 1.4653 1.5188
September 1.5143 1.4260 1.4784
October 1.4510 1.4130 1.4330
November 1.4468 1.3467 1.4095
December 1.3539 1.1042 1.2796