2021 MGA to ISK Historical Review

YEARLY HIGH

0.0346 ISK

YEARLY LOW

0.0314 ISK

YEARLY AVERAGE

0.0330 ISK

2021 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0346. Conversely, the yearly low was recorded on June 14, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0032 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0328, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0346 was down 11.03% compared to the 2020 peak of 0.0389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173 ISK

2020 Average 178 ISK

Yearly Trough Low 157 ISK

Transaction Impact: A difference of 15.87 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0343

0.0321

JanuMarcMayJulySeptNove

MGA 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 0.0333, compared to 0.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0326

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0020 ISK (High: 0.0345 / Low: 0.0325). On the other end, October was the most stable month, with a tight range of 0.0007 ISK (High: 0.0330 / Low: 0.0323).

January Spread (Volatile) ±0.0020

October Spread (Stable) ±0.0007

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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0341) against the same month in 2020 (average: 0.0342), the exchange rate shifted by -0.0001 (-0.17%).

2021 Avg (February) 0.0341

2020 Avg (February) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0345	0.0325	0.0338
February	0.0346	0.0336	0.0341
March	0.0343	0.0331	0.0337
April	0.0336	0.0322	0.0332
May	0.0333	0.0321	0.0328
June	0.0329	0.0314	0.0323
July	0.0331	0.0316	0.0324
August	0.0332	0.0321	0.0324
September	0.0331	0.0322	0.0326
October	0.0330	0.0323	0.0326
November	0.0333	0.0325	0.0328
December	0.0333	0.0325	0.0328

2021 MGA నుండి ISK చారిత్రక సమీక్ష