YEARLY HIGH
0.0911 ISK
YEARLY LOW
0.0821 ISK
YEARLY AVERAGE
0.0870 ISK

2021 IQD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0911. Conversely, the yearly low was recorded on June 2, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0090 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0879 to the December average rate of 0.0891, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0911 was down 26.48% compared to the 2020 peak of 0.1238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 455 ISK
2020 Average 566 ISK
Yearly Trough Low 410 ISK
Transaction Impact: A difference of 44.79 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0901
0.0830
JanuMarcMayJulySeptNove

IQD 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 0.0862, compared to 0.0878 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) 0.0862
H2 Avg (Jul–Dec) 0.0878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0037 ISK (High: 0.0863 / Low: 0.0825). On the other end, December was the most stable month, with a tight range of 0.0010 ISK (High: 0.0897 / Low: 0.0886).

May Spread (Volatile) ±0.0037
December Spread (Stable) ±0.0010

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 0.0019 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0895) against the same month in 2020 (average: 0.1146), the exchange rate shifted by -0.0251 (-21.87%).

2021 Avg (November) 0.0895
2020 Avg (November) 0.1146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0888 0.0866 0.0879
February 0.0892 0.0864 0.0878
March 0.0883 0.0857 0.0872
April 0.0875 0.0839 0.0863
May 0.0863 0.0825 0.0844
June 0.0848 0.0821 0.0836
July 0.0866 0.0844 0.0852
August 0.0878 0.0847 0.0864
September 0.0894 0.0866 0.0878
October 0.0891 0.0877 0.0884
November 0.0911 0.0886 0.0895
December 0.0897 0.0886 0.0891