YEARLY HIGH
0.6865 ISK
YEARLY LOW
0.6052 ISK
YEARLY AVERAGE
0.6403 ISK

2021 LKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6865. Conversely, the yearly low was recorded on June 2, dropping to 0.6052.

This high-to-low spread represents a total annual volatility of 0.0814 ISK. From a start-to-finish perspective, comparing the January average rate of 0.6715 to the December average rate of 0.6426, the exchange rate registered a net change of -4.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6865 was down 12.56% compared to the 2020 peak of 0.7852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 3,433 ISK
2020 Average 3,649 ISK
Yearly Trough Low 3,026 ISK
Transaction Impact: A difference of 406.81 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6771
0.6096
JanuMarcMayJulySeptNove

LKR to ISK 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 0.6422, compared to 0.6384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.6422
H2 Avg (Jul–Dec) 0.6384

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0345 ISK (High: 0.6865 / Low: 0.6521). On the other end, December was the most stable month, with a tight range of 0.0080 ISK (High: 0.6474 / Low: 0.6394).

January Spread (Volatile) ±0.0345
December Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.0141 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6715) against the same month in 2020 (average: 0.6806), the exchange rate shifted by -0.0091 (-1.33%).

2021 Avg (January) 0.6715
2020 Avg (January) 0.6806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6865 0.6521 0.6715
February 0.6736 0.6485 0.6593
March 0.6564 0.6315 0.6452
April 0.6552 0.6280 0.6371
May 0.6394 0.6069 0.6248
June 0.6224 0.6052 0.6152
July 0.6333 0.6185 0.6243
August 0.6421 0.6198 0.6322
September 0.6536 0.6304 0.6416
October 0.6492 0.6349 0.6429
November 0.6578 0.6390 0.6467
December 0.6474 0.6394 0.6426