YEARLY HIGH
16.4934 BIF
YEARLY LOW
14.9646 BIF
YEARLY AVERAGE
15.5533 BIF

2021 ISK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 16.4934. Conversely, the yearly low was recorded on February 4, dropping to 14.9646.

This high-to-low spread represents a total annual volatility of 1.5289 BIF. From a start-to-finish perspective, comparing the January average rate of 15.1443 to the December average rate of 15.3553, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.4934 was up 6.11% compared to the 2020 peak of 15.5443, 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 82,467 BIF
2020 Average 70,885 BIF
Yearly Trough Low 74,823 BIF
Transaction Impact: A difference of 7,644.48 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.3141
15.0379
JanuMarcMayJulySeptNove

ISK to BIF 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 15.5681, compared to 15.5386 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0295 points.

H1 Avg (JanтАУJun) 15.5681
H2 Avg (JulтАУDec) 15.5386

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.8376 BIF (High: 16.3972 / Low: 15.5597). On the other end, December was the most stable month, with a tight range of 0.2073 BIF (High: 15.4365 / Low: 15.2291).

May Spread (Volatile) ┬▒0.8376
December Spread (Stable) ┬▒0.2073

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 0.2688 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 16.2078) against the same month in 2020 (average: 14.0556), the exchange rate shifted by +2.1521 (+15.31%).

2021 Avg (June) 16.2078
2020 Avg (June) 14.0556

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 15.3488 14.9742 15.1443
February 15.4178 14.9646 15.2068
March 15.6132 15.1175 15.3579
April 15.9678 15.2624 15.5170
May 16.3972 15.5597 15.9747
June 16.4934 16.0045 16.2078
July 16.1309 15.6887 15.9390
August 16.0462 15.4893 15.7267
September 15.7049 15.2457 15.5205
October 15.5392 15.3039 15.4338
November 15.4030 15.0008 15.2564
December 15.4365 15.2291 15.3553