YEARLY HIGH
19.2713 ISK
YEARLY LOW
17.2668 ISK
YEARLY AVERAGE
18.3964 ISK

2021 BOB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 19.2713. Conversely, the yearly low was recorded on June 7, dropping to 17.2668.

This high-to-low spread represents a total annual volatility of 2.0045 ISK. From a start-to-finish perspective, comparing the January average rate of 18.6566 to the December average rate of 18.8545, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.2713 was down 9.82% compared to the 2020 peak of 21.3706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,357 ISK
2020 Average 98,052 ISK
Yearly Trough Low 86,334 ISK
Transaction Impact: A difference of 10,022.37 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.0654
17.5195
JanuMarcMayJulySeptNove

BOB 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 18.2352, compared to 18.5576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3224 points.

H1 Avg (Jan–Jun) 18.2352
H2 Avg (Jul–Dec) 18.5576

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.7938 ISK (High: 18.2411 / Low: 17.4473). On the other end, December was the most stable month, with a tight range of 0.2473 ISK (High: 18.9805 / Low: 18.7332).

May Spread (Volatile) ±0.7938
December Spread (Stable) ±0.2473

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 0.3718 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 18.9366) against the same month in 2020 (average: 19.7981), the exchange rate shifted by -0.8615 (-4.35%).

2021 Avg (November) 18.9366
2020 Avg (November) 19.7981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8592 18.3806 18.6566
February 18.8494 18.2658 18.5687
March 18.6797 18.1308 18.4331
April 18.4941 17.7358 18.2383
May 18.2411 17.4473 17.8665
June 17.8984 17.2668 17.6483
July 18.3195 17.8430 18.0151
August 18.5235 17.9173 18.2761
September 18.9079 18.3061 18.5643
October 18.8274 18.5524 18.6991
November 19.2713 18.7282 18.9366
December 18.9805 18.7332 18.8545