2021 TRY to ISK Historical Review

YEARLY HIGH

18.5480 ISK

YEARLY LOW

7.8031 ISK

YEARLY AVERAGE

14.7119 ISK

2021 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 18.5480. Conversely, the yearly low was recorded on December 19, dropping to 7.8031.

This high-to-low spread represents a total annual volatility of 10.7449 ISK. From a start-to-finish perspective, comparing the January average rate of 17.3711 to the December average rate of 9.7927, the exchange rate registered a net change of -43.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.5480 was down 15.31% compared to the 2020 peak of 21.9017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 927,402 ISK

2020 Average 970,612 ISK

Yearly Trough Low 390,156 ISK

Transaction Impact: A difference of 537,246.81 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.8927

8.9655

JanuMarcMayJulySeptNove

TRY 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 16.0393, compared to 13.3844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6549 points.

H1 Avg (Jan–Jun) 16.0393

H2 Avg (Jul–Dec) 13.3844

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 4.3575 ISK (High: 12.1606 / Low: 7.8031). On the other end, January was the most stable month, with a tight range of 0.5384 ISK (High: 17.6814 / Low: 17.1430).

December Spread (Volatile) ±4.3575

January Spread (Stable) ±0.5384

Growth Streaks & Declines

Trends

Between June and September, 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 2.4344 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 18.0654) against the same month in 2020 (average: 20.8565), the exchange rate shifted by -2.7910 (-13.38%).

2021 Avg (February) 18.0654

2020 Avg (February) 20.8565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6814	17.1430	17.3711
February	18.5480	17.0823	18.0654
March	17.5714	15.2074	16.5730
April	15.7746	14.8570	15.3922
May	15.1148	14.1151	14.6985
June	14.4978	13.9041	14.1359
July	14.7565	14.2168	14.4682
August	15.1651	14.5601	14.8793
September	15.3317	14.4557	14.9557
October	14.6315	13.2745	13.9836
November	13.5843	9.5932	12.2272
December	12.1606	7.8031	9.7927

2021 TRY నుండి ISK చారిత్రక సమీక్ష