YEARLY HIGH
19.4207 SYP
YEARLY LOW
3.9364 SYP
YEARLY AVERAGE
9.7190 SYP

2021 ISK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 19.4207. Conversely, the yearly low was recorded on February 4, dropping to 3.9364.

This high-to-low spread represents a total annual volatility of 15.4843 SYP. From a start-to-finish perspective, comparing the January average rate of 3.9897 to the December average rate of 19.3125, the exchange rate registered a net change of 384.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.4207 was up 356.46% compared to the 2020 peak of 4.2547, 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 97,104 SYP
2020 Average 19,008 SYP
Yearly Trough Low 19,682 SYP
Transaction Impact: A difference of 77,421.67 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.8448
2.4575
JanuMarcMayJulySeptNove

ISK to SYP 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 7.3687, compared to 12.0693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7006 points.

H1 Avg (Jan–Jun) 7.3687
H2 Avg (Jul–Dec) 12.0693

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 9.9309 SYP (High: 19.3911 / Low: 9.4602). On the other end, January was the most stable month, with a tight range of 0.1005 SYP (High: 4.0532 / Low: 3.9527).

November Spread (Volatile) ±9.9309
January Spread (Stable) ±0.1005

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 0.1889 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 19.3125) against the same month in 2020 (average: 4.0265), the exchange rate shifted by +15.2860 (+379.64%).

2021 Avg (December) 19.3125
2020 Avg (December) 4.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0532 3.9527 3.9897
February 4.0691 3.9364 3.9975
March 9.9264 3.9876 5.7316
April 10.2706 9.8623 9.9877
May 10.4390 9.9839 10.2023
June 10.4948 10.1660 10.3033
July 10.2108 9.9620 10.1145
August 10.1698 9.8330 9.9696
September 9.9511 9.6316 9.8146
October 9.8160 9.6659 9.7393
November 19.3911 9.4602 13.4653
December 19.4207 19.2102 19.3125