YEARLY HIGH
65.9227 ISK
YEARLY LOW
59.4452 ISK
YEARLY AVERAGE
63.0072 ISK

2021 BZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 65.9227. Conversely, the yearly low was recorded on June 2, dropping to 59.4452.

This high-to-low spread represents a total annual volatility of 6.4775 ISK. From a start-to-finish perspective, comparing the January average rate of 63.7435 to the December average rate of 64.5316, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 65.9227 was down 9.82% compared to the 2020 peak of 73.1003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329,614 ISK
2020 Average 335,911 ISK
Yearly Trough Low 297,226 ISK
Transaction Impact: A difference of 32,387.61 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

65.2765
60.1334
JanuMarcMayJulySeptNove

BZD 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: Jan–Jun) was 62.4639, compared to 63.5504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0865 points.

H1 Avg (Jan–Jun) 62.4639
H2 Avg (Jul–Dec) 63.5504

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.7268 ISK (High: 62.4945 / Low: 59.7677). On the other end, December was the most stable month, with a tight range of 0.9411 ISK (High: 65.0210 / Low: 64.0799).

May Spread (Volatile) ±2.7268
December Spread (Stable) ±0.9411

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 April and May, when the average rate fell by 1.3204 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.3204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 64.8479) against the same month in 2020 (average: 67.7589), the exchange rate shifted by -2.9111 (-4.30%).

2021 Avg (November) 64.8479
2020 Avg (November) 67.7589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.3510 62.7823 63.7435
February 64.6618 62.5725 63.6340
March 63.9889 62.1084 63.1861
April 63.3543 60.7558 62.4891
May 62.4945 59.7677 61.1687
June 61.3614 59.4452 60.5620
July 62.6641 61.1231 61.7100
August 63.5448 61.3408 62.5878
September 64.7703 62.7089 63.5699
October 64.5425 63.5542 64.0553
November 65.9227 64.1548 64.8479
December 65.0210 64.0799 64.5316