2021 BWP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BWP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BWP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 11.9560. Conversely, the yearly low was recorded on December 16, dropping to 10.9919.
This high-to-low spread represents a total annual volatility of 0.9641 ISK. From a start-to-finish perspective, comparing the January average rate of 11.7151 to the December average rate of 11.0950, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.9560 was down 3.97% compared to the 2020 peak of 12.4497, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BWP 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 11.5725, compared to 11.3465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.5902 ISK (High: 11.6001 / Low: 11.0099). On the other end, August was the most stable month, with a tight range of 0.2090 ISK (High: 11.4425 / Low: 11.2335).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2545 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 11.7753) against the same month in 2020 (average: 11.5074), the exchange rate shifted by +0.2679 (+2.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.8625 | 11.4906 | 11.7151 |
| February | 11.9560 | 11.5405 | 11.7753 |
| March | 11.6602 | 11.3823 | 11.5208 |
| April | 11.6836 | 11.2913 | 11.5610 |
| May | 11.6668 | 11.3531 | 11.4725 |
| June | 11.4928 | 11.2369 | 11.3907 |
| July | 11.4584 | 11.1431 | 11.3035 |
| August | 11.4425 | 11.2335 | 11.3244 |
| September | 11.7401 | 11.3327 | 11.5725 |
| October | 11.5882 | 11.3236 | 11.4754 |
| November | 11.6001 | 11.0099 | 11.3081 |
| December | 11.2267 | 10.9919 | 11.0950 |