YEARLY HIGH
0.0204 ISK
YEARLY LOW
0.0177 ISK
YEARLY AVERAGE
0.0187 ISK

2021 PYG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PYG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.0204. Conversely, the yearly low was recorded on June 2, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0027 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0191, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0204 was down 9.82% compared to the 2020 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 ISK
2020 Average 100 ISK
Yearly Trough Low 89 ISK
Transaction Impact: A difference of 13.56 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0199
0.0179
JanuMarcMayJulySeptNove

PYG 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 0.0189, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0189
H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0016 ISK (High: 0.0204 / Low: 0.0188). On the other end, October was the most stable month, with a tight range of 0.0003 ISK (High: 0.0189 / Low: 0.0185).

April Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0197) against the same month in 2020 (average: 0.0222), the exchange rate shifted by -0.0025 (-11.23%).

2021 Avg (April) 0.0197
2020 Avg (April) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0189 0.0183 0.0186
February 0.0195 0.0186 0.0190
March 0.0198 0.0190 0.0194
April 0.0204 0.0188 0.0197
May 0.0191 0.0178 0.0184
June 0.0183 0.0177 0.0181
July 0.0184 0.0179 0.0182
August 0.0185 0.0179 0.0182
September 0.0190 0.0182 0.0186
October 0.0189 0.0185 0.0187
November 0.0193 0.0188 0.0190
December 0.0192 0.0189 0.0191