YEARLY HIGH
15.6064 ISK
YEARLY LOW
14.1607 ISK
YEARLY AVERAGE
14.8043 ISK

2021 SEK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 15.6064. Conversely, the yearly low was recorded on December 4, dropping to 14.1607.

This high-to-low spread represents a total annual volatility of 1.4457 ISK. From a start-to-finish perspective, comparing the January average rate of 15.4876 to the December average rate of 14.3044, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.6064 was down 2.84% compared to the 2020 peak of 16.0622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,032 ISK
2020 Average 73,710 ISK
Yearly Trough Low 70,804 ISK
Transaction Impact: A difference of 7,228.49 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.6059
14.1861
JanuMarcMayJulySeptNove

SEK 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 14.9804, compared to 14.6282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3522 points.

H1 Avg (Jan–Jun) 14.9804
H2 Avg (Jul–Dec) 14.6282

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0399 ISK (High: 15.2206 / Low: 14.1807). On the other end, January was the most stable month, with a tight range of 0.2401 ISK (High: 15.6064 / Low: 15.3664).

November Spread (Volatile) ±1.0399
January Spread (Stable) ±0.2401

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.4772 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 15.4876) against the same month in 2020 (average: 12.9941), the exchange rate shifted by +2.4935 (+19.19%).

2021 Avg (January) 15.4876
2020 Avg (January) 12.9941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6064 15.3664 15.4876
February 15.5385 15.0575 15.3820
March 15.1546 14.5054 14.9096
April 15.0089 14.4634 14.8130
May 14.9446 14.5543 14.7688
June 14.6521 14.3461 14.5213
July 14.6130 14.2439 14.4166
August 14.7186 14.3869 14.5333
September 14.9472 14.6873 14.8294
October 15.1024 14.6065 14.9036
November 15.2206 14.1807 14.7816
December 14.4121 14.1607 14.3044