YEARLY HIGH
98.1511 ISK
YEARLY LOW
90.4944 ISK
YEARLY AVERAGE
94.5226 ISK

2021 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 98.1511. Conversely, the yearly low was recorded on June 2, dropping to 90.4944.

This high-to-low spread represents a total annual volatility of 7.6567 ISK. From a start-to-finish perspective, comparing the January average rate of 96.8875 to the December average rate of 95.4301, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 98.1511 was down 5.52% compared to the 2020 peak of 103.8908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 490,755 ISK
2020 Average 490,568 ISK
Yearly Trough Low 452,472 ISK
Transaction Impact: A difference of 38,283.68 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

97.4209
91.0202
JanuMarcMayJulySeptNove

BND 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: JanтАУJun) was 94.4962, compared to 94.5490 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0528 points.

H1 Avg (JanтАУJun) 94.4962
H2 Avg (JulтАУDec) 94.5490

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.4010 ISK (High: 98.1511 / Low: 94.7501). On the other end, December was the most stable month, with a tight range of 1.7209 ISK (High: 96.3425 / Low: 94.6217).

November Spread (Volatile) ┬▒3.4010
December Spread (Stable) ┬▒1.7209

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 February and March, when the average rate fell by 1.7622 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.7622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 96.2434) against the same month in 2020 (average: 101.3306), the exchange rate shifted by -5.0872 (-5.02%).

2021 Avg (November) 96.2434
2020 Avg (November) 101.3306

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 97.7492 95.4985 96.8875
February 97.4934 95.3598 96.6327
March 96.3936 93.3623 94.8706
April 95.2004 92.3383 94.3022
May 94.3458 91.0640 92.7306
June 92.2872 90.4944 91.5536
July 92.8798 91.1071 91.8396
August 94.3591 91.4369 93.1064
September 96.1741 94.0590 95.1080
October 96.3859 94.4056 95.5664
November 98.1511 94.7501 96.2434
December 96.3425 94.6217 95.4301