2021 BAM to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BAM to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BAM to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 80.3648. Conversely, the yearly low was recorded on July 14, dropping to 74.5193.
This high-to-low spread represents a total annual volatility of 5.8455 ISK. From a start-to-finish perspective, comparing the January average rate of 80.0075 to the December average rate of 75.1846, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 80.3648 was down 5.17% compared to the 2020 peak of 84.7463, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BAM to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 77.5667, compared to 76.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5144 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 2.7684 ISK (High: 78.7550 / Low: 75.9866). On the other end, December was the most stable month, with a tight range of 0.8079 ISK (High: 75.5546 / Low: 74.7467).
Growth Streaks & Declines
TrendsBetween 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 1.8315 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 80.0075) against the same month in 2020 (average: 70.0976), the exchange rate shifted by +9.9099 (+14.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.3648 | 79.3064 | 80.0075 |
| February | 80.1800 | 78.4252 | 79.2916 |
| March | 78.7550 | 75.9866 | 77.4601 |
| April | 77.6430 | 75.5590 | 76.8853 |
| May | 77.3848 | 75.1809 | 76.5412 |
| June | 75.8208 | 74.5813 | 75.2148 |
| July | 75.9839 | 74.5193 | 75.2232 |
| August | 76.6662 | 75.1741 | 75.9199 |
| September | 77.9611 | 76.5558 | 77.1761 |
| October | 77.2892 | 75.9825 | 76.6026 |
| November | 77.4355 | 74.8823 | 76.2078 |
| December | 75.5546 | 74.7467 | 75.1846 |