YEARLY HIGH
0.2540 ISK
YEARLY LOW
0.0515 ISK
YEARLY AVERAGE
0.1282 ISK

2021 SYP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.2540. Conversely, the yearly low was recorded on December 16, dropping to 0.0515.

This high-to-low spread represents a total annual volatility of 0.2025 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2507 to the December average rate of 0.0518, the exchange rate registered a net change of -79.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2540 was down 11.53% compared to the 2020 peak of 0.2871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,270 ISK
2020 Average 1,319 ISK
Yearly Trough Low 257 ISK
Transaction Impact: A difference of 1,012.74 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2705
0.0319
JanuMarcMayJulySeptNove

SYP 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 0.1667, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0769 points.

H1 Avg (Jan–Jun) 0.1667
H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.1500 ISK (High: 0.2508 / Low: 0.1007). On the other end, December was the most stable month, with a tight range of 0.0006 ISK (High: 0.0521 / Low: 0.0515).

March Spread (Volatile) ±0.1500
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2502) against the same month in 2020 (average: 0.2457), the exchange rate shifted by +0.0045 (+1.84%).

2021 Avg (February) 0.2502
2020 Avg (February) 0.2457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2530 0.2467 0.2507
February 0.2540 0.2458 0.2502
March 0.2508 0.1007 0.2040
April 0.1014 0.0974 0.1001
May 0.1002 0.0958 0.0980
June 0.0984 0.0953 0.0971
July 0.1004 0.0979 0.0989
August 0.1017 0.0983 0.1003
September 0.1038 0.1005 0.1019
October 0.1035 0.1019 0.1027
November 0.1057 0.0516 0.0832
December 0.0521 0.0515 0.0518