YEARLY HIGH
0.0910 BWP
YEARLY LOW
0.0836 BWP
YEARLY AVERAGE
0.0873 BWP

2021 ISK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0910. Conversely, the yearly low was recorded on February 16, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0073 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0854 to the December average rate of 0.0901, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0910 was up 2.42% compared to the 2020 peak of 0.0888, 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 455 BWP
2020 Average 423 BWP
Yearly Trough Low 418 BWP
Transaction Impact: A difference of 36.68 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0907
0.0844
JanuMarcMayJulySeptNove

ISK to BWP 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 0.0864, compared to 0.0882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0864
H2 Avg (Jul–Dec) 0.0882

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0046 BWP (High: 0.0908 / Low: 0.0862). On the other end, August was the most stable month, with a tight range of 0.0016 BWP (High: 0.0890 / Low: 0.0874).

November Spread (Volatile) ±0.0046
August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0901) against the same month in 2020 (average: 0.0855), the exchange rate shifted by +0.0046 (+5.39%).

2021 Avg (December) 0.0901
2020 Avg (December) 0.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0870 0.0843 0.0854
February 0.0867 0.0836 0.0849
March 0.0879 0.0858 0.0868
April 0.0886 0.0856 0.0865
May 0.0881 0.0857 0.0872
June 0.0890 0.0870 0.0878
July 0.0897 0.0873 0.0885
August 0.0890 0.0874 0.0883
September 0.0882 0.0852 0.0864
October 0.0883 0.0863 0.0871
November 0.0908 0.0862 0.0884
December 0.0910 0.0891 0.0901