YEARLY HIGH
0.0579 BOB
YEARLY LOW
0.0519 BOB
YEARLY AVERAGE
0.0544 BOB

2021 ISK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0579. Conversely, the yearly low was recorded on November 16, dropping to 0.0519.

This high-to-low spread represents a total annual volatility of 0.0060 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0536 to the December average rate of 0.0530, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0579 was up 1.01% compared to the 2020 peak of 0.0573, 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 290 BOB
2020 Average 256 BOB
Yearly Trough Low 259 BOB
Transaction Impact: A difference of 30.12 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0571
0.0524
JanuMarcMayJulySeptNove

ISK to BOB 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 0.0549, compared to 0.0539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0549
H2 Avg (Jul–Dec) 0.0539

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0025 BOB (High: 0.0573 / Low: 0.0548). On the other end, December was the most stable month, with a tight range of 0.0007 BOB (High: 0.0534 / Low: 0.0527).

May Spread (Volatile) ±0.0025
December Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0567) against the same month in 2020 (average: 0.0509), the exchange rate shifted by +0.0058 (+11.31%).

2021 Avg (June) 0.0567
2020 Avg (June) 0.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0544 0.0530 0.0536
February 0.0547 0.0531 0.0539
March 0.0552 0.0535 0.0543
April 0.0564 0.0541 0.0548
May 0.0573 0.0548 0.0560
June 0.0579 0.0559 0.0567
July 0.0560 0.0546 0.0555
August 0.0558 0.0540 0.0547
September 0.0546 0.0529 0.0539
October 0.0539 0.0531 0.0535
November 0.0534 0.0519 0.0528
December 0.0534 0.0527 0.0530