YEARLY HIGH
0.0738 MAD
YEARLY LOW
0.0685 MAD
YEARLY AVERAGE
0.0708 MAD

2021 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0738. Conversely, the yearly low was recorded on January 11, dropping to 0.0685.

This high-to-low spread represents a total annual volatility of 0.0053 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0693 to the December average rate of 0.0711, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0738 was down 7.10% compared to the 2020 peak of 0.0794, 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 369 MAD
2020 Average 351 MAD
Yearly Trough Low 343 MAD
Transaction Impact: A difference of 26.34 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0730
0.0689
JanuMarcMayJulySeptNove

ISK to MAD 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 0.0709, compared to 0.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0709
H2 Avg (Jul–Dec) 0.0707

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0026 MAD (High: 0.0734 / Low: 0.0708). On the other end, October was the most stable month, with a tight range of 0.0010 MAD (High: 0.0706 / Low: 0.0696).

May Spread (Volatile) ±0.0026
October Spread (Stable) ±0.0010

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 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0726) against the same month in 2020 (average: 0.0713), the exchange rate shifted by +0.0013 (+1.80%).

2021 Avg (June) 0.0726
2020 Avg (June) 0.0713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0698 0.0685 0.0693
February 0.0705 0.0691 0.0697
March 0.0718 0.0699 0.0707
April 0.0727 0.0703 0.0711
May 0.0734 0.0708 0.0718
June 0.0738 0.0720 0.0726
July 0.0725 0.0710 0.0719
August 0.0721 0.0703 0.0711
September 0.0706 0.0692 0.0700
October 0.0706 0.0696 0.0701
November 0.0714 0.0690 0.0701
December 0.0716 0.0706 0.0711