YEARLY HIGH
119.1028 IDR
YEARLY LOW
107.1352 IDR
YEARLY AVERAGE
112.7185 IDR

2021 ISK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 119.1028. Conversely, the yearly low was recorded on November 16, dropping to 107.1352.

This high-to-low spread represents a total annual volatility of 11.9675 IDR. From a start-to-finish perspective, comparing the January average rate of 109.3814 to the December average rate of 110.1087, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 119.1028 was down 1.27% compared to the 2020 peak of 120.6388, 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 595,514 IDR
2020 Average 537,712 IDR
Yearly Trough Low 535,676 IDR
Transaction Impact: A difference of 59,837.66 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

118.4475
108.5213
JanuMarcMayJulySeptNove

ISK to IDR 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 113.5407, compared to 111.8963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6443 points.

H1 Avg (Jan–Jun) 113.5407
H2 Avg (Jul–Dec) 111.8963

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 5.0471 IDR (High: 119.1028 / Low: 114.0557). On the other end, October was the most stable month, with a tight range of 2.4772 IDR (High: 111.3798 / Low: 108.9026).

May Spread (Volatile) ±5.0471
October Spread (Stable) ±2.4772

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 August and September, when the average rate fell by 2.7471 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.7471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 116.1236) against the same month in 2020 (average: 103.5964), the exchange rate shifted by +12.5272 (+12.09%).

2021 Avg (May) 116.1236
2020 Avg (May) 103.5964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.2095 108.2262 109.3814
February 112.6343 107.6015 109.5842
March 115.3854 111.3632 113.0568
April 118.0890 114.2197 115.4776
May 119.1028 114.0557 116.1236
June 118.9560 116.3970 117.6204
July 117.8810 114.6728 116.6525
August 116.9080 112.5737 114.0387
September 112.8642 109.6236 111.2916
October 111.3798 108.9026 109.9380
November 110.9933 107.1352 109.3485
December 112.1006 108.9835 110.1087