YEARLY HIGH
0.0134 BGN
YEARLY LOW
0.0124 BGN
YEARLY AVERAGE
0.0130 BGN

2021 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0134. Conversely, the yearly low was recorded on January 24, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0009 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0133, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0134 was down 7.02% compared to the 2020 peak of 0.0144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 BGN
2020 Average 64 BGN
Yearly Trough Low 62 BGN
Transaction Impact: A difference of 4.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0134
0.0124
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0129, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0005 BGN (High: 0.0132 / Low: 0.0127). On the other end, June was the most stable month, with a tight range of 0.0001 BGN (High: 0.0134 / Low: 0.0132).

March Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0133) against the same month in 2020 (average: 0.0123), the exchange rate shifted by +0.0010 (+7.78%).

2021 Avg (July) 0.0133
2020 Avg (July) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0124 0.0125
February 0.0127 0.0125 0.0126
March 0.0132 0.0127 0.0129
April 0.0132 0.0129 0.0130
May 0.0133 0.0129 0.0131
June 0.0134 0.0132 0.0133
July 0.0134 0.0131 0.0133
August 0.0133 0.0130 0.0132
September 0.0131 0.0128 0.0130
October 0.0132 0.0130 0.0131
November 0.0133 0.0130 0.0131
December 0.0134 0.0132 0.0133