YEARLY HIGH
11.7642 ISK
YEARLY LOW
10.5068 ISK
YEARLY AVERAGE
11.1750 ISK

2021 TJS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TJS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 11.7642. Conversely, the yearly low was recorded on June 2, dropping to 10.5068.

This high-to-low spread represents a total annual volatility of 1.2574 ISK. From a start-to-finish perspective, comparing the January average rate of 11.2989 to the December average rate of 11.5211, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.7642 was down 19.08% compared to the 2020 peak of 14.5381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,821 ISK
2020 Average 65,739 ISK
Yearly Trough Low 52,534 ISK
Transaction Impact: A difference of 6,286.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.6724
10.6155
JanuMarcMayJulySeptNove

TJS 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 11.0485, compared to 11.3015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2531 points.

H1 Avg (Jan–Jun) 11.0485
H2 Avg (Jul–Dec) 11.3015

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4810 ISK (High: 11.0439 / Low: 10.5630). On the other end, December was the most stable month, with a tight range of 0.1628 ISK (High: 11.6085 / Low: 11.4457).

May Spread (Volatile) ±0.4810
December Spread (Stable) ±0.1628

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 April and May, when the average rate fell by 0.2328 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.5843) against the same month in 2020 (average: 12.2537), the exchange rate shifted by -0.6694 (-5.46%).

2021 Avg (November) 11.5843
2020 Avg (November) 12.2537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3835 11.1719 11.2989
February 11.4379 11.0680 11.2565
March 11.3194 10.9822 11.1732
April 11.2000 10.7390 11.0458
May 11.0439 10.5630 10.8130
June 10.8454 10.5068 10.7036
July 11.0752 10.8026 10.9062
August 11.2261 10.8413 11.0640
September 11.5179 11.1472 11.3028
October 11.5359 11.3017 11.4309
November 11.7642 11.4711 11.5843
December 11.6085 11.4457 11.5211