YEARLY HIGH
2.0867 YER
YEARLY LOW
1.8831 YER
YEARLY AVERAGE
1.9720 YER

2021 ISK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 2.0867. Conversely, the yearly low was recorded on November 16, dropping to 1.8831.

This high-to-low spread represents a total annual volatility of 0.2036 YER. From a start-to-finish perspective, comparing the January average rate of 1.9478 to the December average rate of 1.9235, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0867 was up 0.90% compared to the 2020 peak of 2.0682, 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 10,434 YER
2020 Average 9,270 YER
Yearly Trough Low 9,416 YER
Transaction Impact: A difference of 1,017.85 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0619
1.9020
JanuMarcMayJulySeptNove

ISK to YER 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 1.9887, compared to 1.9553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 1.9887
H2 Avg (Jul–Dec) 1.9553

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0876 YER (High: 2.0754 / Low: 1.9878). On the other end, December was the most stable month, with a tight range of 0.0210 YER (High: 1.9343 / Low: 1.9134).

May Spread (Volatile) ±0.0876
December Spread (Stable) ±0.0210

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 0.0362 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 2.0486) against the same month in 2020 (average: 1.8448), the exchange rate shifted by +0.2038 (+11.04%).

2021 Avg (June) 2.0486
2020 Avg (June) 1.8448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9791 1.9296 1.9478
February 1.9860 1.9216 1.9518
March 2.0000 1.9469 1.9666
April 2.0451 1.9624 1.9884
May 2.0754 1.9878 2.0292
June 2.0867 2.0224 2.0486
July 2.0324 1.9813 2.0124
August 2.0228 1.9594 1.9844
September 1.9850 1.9167 1.9576
October 1.9526 1.9237 1.9385
November 1.9353 1.8831 1.9153
December 1.9343 1.9134 1.9235