YEARLY HIGH
0.0059 JOD
YEARLY LOW
0.0053 JOD
YEARLY AVERAGE
0.0056 JOD

2021 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0059. Conversely, the yearly low was recorded on November 16, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0006 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0054, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0059 was up 1.02% compared to the 2020 peak of 0.0059, 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 30 JOD
2020 Average 26 JOD
Yearly Trough Low 27 JOD
Transaction Impact: A difference of 2.91 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0058
0.0054
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0056, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0003 JOD (High: 0.0059 / Low: 0.0056). On the other end, December was the most stable month, with a tight range of 0.0001 JOD (High: 0.0055 / Low: 0.0054).

May Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0058) against the same month in 2020 (average: 0.0052), the exchange rate shifted by +0.0006 (+11.15%).

2021 Avg (June) 0.0058
2020 Avg (June) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0055 0.0055
February 0.0056 0.0054 0.0055
March 0.0057 0.0055 0.0056
April 0.0058 0.0056 0.0056
May 0.0059 0.0056 0.0058
June 0.0059 0.0057 0.0058
July 0.0058 0.0056 0.0057
August 0.0057 0.0055 0.0056
September 0.0056 0.0054 0.0055
October 0.0055 0.0055 0.0055
November 0.0055 0.0053 0.0054
December 0.0055 0.0054 0.0054