YEARLY HIGH
0.1245 SZL
YEARLY LOW
0.1101 SZL
YEARLY AVERAGE
0.1163 SZL

2021 ISK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.1245. Conversely, the yearly low was recorded on September 12, dropping to 0.1101.

This high-to-low spread represents a total annual volatility of 0.0144 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1174 to the December average rate of 0.1220, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1245 was down 5.61% compared to the 2020 peak of 0.1319, 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 622 SZL
2020 Average 607 SZL
Yearly Trough Low 550 SZL
Transaction Impact: A difference of 71.99 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1229
0.1126
JanuMarcMayJulySeptNove

ISK to SZL 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 0.1154, compared to 0.1172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1154
H2 Avg (Jul–Dec) 0.1172

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0096 SZL (High: 0.1241 / Low: 0.1145). On the other end, May was the most stable month, with a tight range of 0.0036 SZL (High: 0.1159 / Low: 0.1123).

November Spread (Volatile) ±0.0096
May Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1220) against the same month in 2020 (average: 0.1170), the exchange rate shifted by +0.0050 (+4.31%).

2021 Avg (December) 0.1220
2020 Avg (December) 0.1170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1204 0.1145 0.1174
February 0.1182 0.1126 0.1152
March 0.1212 0.1153 0.1177
April 0.1169 0.1127 0.1147
May 0.1159 0.1123 0.1141
June 0.1166 0.1114 0.1135
July 0.1187 0.1142 0.1165
August 0.1197 0.1151 0.1174
September 0.1173 0.1101 0.1135
October 0.1179 0.1122 0.1152
November 0.1241 0.1145 0.1186
December 0.1245 0.1194 0.1220