YEARLY HIGH
0.5310 ISK
YEARLY LOW
0.4792 ISK
YEARLY AVERAGE
0.5073 ISK

2021 YER to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the YER to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.5310. Conversely, the yearly low was recorded on June 2, dropping to 0.4792.

This high-to-low spread represents a total annual volatility of 0.0518 ISK. From a start-to-finish perspective, comparing the January average rate of 0.5134 to the December average rate of 0.5199, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5310 was down 9.77% compared to the 2020 peak of 0.5885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,655 ISK
2020 Average 2,703 ISK
Yearly Trough Low 2,396 ISK
Transaction Impact: A difference of 259.02 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5255
0.4848
JanuMarcMayJulySeptNove

YER 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 0.5031, compared to 0.5116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.5031
H2 Avg (Jul–Dec) 0.5116

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0212 ISK (High: 0.5031 / Low: 0.4818). On the other end, December was the most stable month, with a tight range of 0.0057 ISK (High: 0.5226 / Low: 0.5170).

May Spread (Volatile) ±0.0212
December Spread (Stable) ±0.0057

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 0.0101 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.5221) against the same month in 2020 (average: 0.5455), the exchange rate shifted by -0.0233 (-4.28%).

2021 Avg (November) 0.5221
2020 Avg (November) 0.5455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5182 0.5053 0.5134
February 0.5204 0.5035 0.5124
March 0.5136 0.5000 0.5085
April 0.5096 0.4890 0.5030
May 0.5031 0.4818 0.4929
June 0.4945 0.4792 0.4882
July 0.5047 0.4920 0.4969
August 0.5104 0.4944 0.5040
September 0.5217 0.5038 0.5109
October 0.5198 0.5121 0.5159
November 0.5310 0.5167 0.5221
December 0.5226 0.5170 0.5199