YEARLY HIGH
48.0964 ISK
YEARLY LOW
44.0418 ISK
YEARLY AVERAGE
45.7284 ISK

2021 TND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 48.0964. Conversely, the yearly low was recorded on June 10, dropping to 44.0418.

This high-to-low spread represents a total annual volatility of 4.0546 ISK. From a start-to-finish perspective, comparing the January average rate of 47.6459 to the December average rate of 45.2205, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 48.0964 was down 6.02% compared to the 2020 peak of 51.1767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 240,482 ISK
2020 Average 241,274 ISK
Yearly Trough Low 220,209 ISK
Transaction Impact: A difference of 20,272.87 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

47.9700
44.0801
JanuMarcMayJulySeptNove

TND 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 46.0499, compared to 45.4069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6430 points.

H1 Avg (Jan–Jun) 46.0499
H2 Avg (Jul–Dec) 45.4069

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.7822 ISK (High: 46.4638 / Low: 44.6816). On the other end, December was the most stable month, with a tight range of 0.6108 ISK (High: 45.5406 / Low: 44.9297).

April Spread (Volatile) ±1.7822
December Spread (Stable) ±0.6108

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 February and March, when the average rate fell by 1.0493 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 47.6459) against the same month in 2020 (average: 43.9002), the exchange rate shifted by +3.7457 (+8.53%).

2021 Avg (January) 47.6459
2020 Avg (January) 43.9002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.0964 47.0295 47.6459
February 47.7852 46.5669 47.2864
March 46.8455 45.3608 46.2371
April 46.4638 44.6816 45.5793
May 45.8227 44.2453 45.1463
June 44.7381 44.0418 44.4043
July 45.2883 44.2660 44.6419
August 45.8204 44.3154 45.2493
September 46.4874 45.3823 45.8596
October 46.0596 45.3376 45.7018
November 46.7114 45.0625 45.7682
December 45.5406 44.9297 45.2205