YEARLY HIGH
132.8900 ISK
YEARLY LOW
119.8300 ISK
YEARLY AVERAGE
126.9965 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 664,450 ISK
2020 Average 676,777 ISK
Yearly Trough Low 599,150 ISK
Transaction Impact: A difference of 65,300.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

131.5248
121.2305
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 125.9095
H2 Avg (Jul–Dec) 128.0835

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±5.4867
December Spread (Stable) ±1.4180

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 2.6417 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.6417

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (November) 130.6670
2020 Avg (November) 136.5571

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