2021 BMD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BMD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 132.8900. Conversely, the yearly low was recorded on June 2, dropping to 119.8300.
This high-to-low spread represents a total annual volatility of 13.0600 ISK. From a start-to-finish perspective, comparing the January average rate of 128.5505 to the December average rate of 130.0980, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 132.8900 was down 9.81% compared to the 2020 peak of 147.3400, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BMD 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 125.9095, compared to 128.0835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1740 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 5.4867 ISK (High: 125.9667 / Low: 120.4800). On the other end, December was the most stable month, with a tight range of 1.4180 ISK (High: 130.7900 / Low: 129.3720).
Growth Streaks & Declines
TrendsBetween 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 2.6417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 130.6670) against the same month in 2020 (average: 136.5571), the exchange rate shifted by -5.8902 (-4.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 129.7400 | 126.5200 | 128.5505 |
| February | 130.2800 | 126.0800 | 128.2828 |
| March | 128.5908 | 125.2000 | 127.3176 |
| April | 127.5200 | 122.4500 | 125.9297 |
| May | 125.9667 | 120.4800 | 123.2879 |
| June | 123.7400 | 119.8300 | 122.0883 |
| July | 126.2300 | 123.1800 | 124.3448 |
| August | 127.9100 | 123.6400 | 126.1555 |
| September | 130.5600 | 126.3700 | 128.1402 |
| October | 130.0900 | 128.1000 | 129.0955 |
| November | 132.8900 | 129.3100 | 130.6670 |
| December | 130.7900 | 129.3720 | 130.0980 |