YEARLY HIGH
0.7077 BDT
YEARLY LOW
0.6457 BDT
YEARLY AVERAGE
0.6702 BDT

2021 ISK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.7077. Conversely, the yearly low was recorded on November 16, dropping to 0.6457.

This high-to-low spread represents a total annual volatility of 0.0620 BDT. From a start-to-finish perspective, comparing the January average rate of 0.6598 to the December average rate of 0.6594, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7077 was up 0.39% compared to the 2020 peak of 0.7049, 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 3,538 BDT
2020 Average 3,142 BDT
Yearly Trough Low 3,228 BDT
Transaction Impact: A difference of 309.94 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6983
0.6527
JanuMarcMayJulySeptNove

ISK to BDT 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 0.6736, compared to 0.6668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.6736
H2 Avg (Jul–Dec) 0.6668

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0306 BDT (High: 0.7038 / Low: 0.6732). On the other end, December was the most stable month, with a tight range of 0.0102 BDT (High: 0.6646 / Low: 0.6544).

May Spread (Volatile) ±0.0306
December Spread (Stable) ±0.0102

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 0.0126 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6945) against the same month in 2020 (average: 0.6258), the exchange rate shifted by +0.0687 (+10.98%).

2021 Avg (June) 0.6945
2020 Avg (June) 0.6258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6701 0.6533 0.6598
February 0.6723 0.6506 0.6609
March 0.6764 0.6568 0.6655
April 0.6924 0.6630 0.6729
May 0.7038 0.6732 0.6877
June 0.7077 0.6856 0.6945
July 0.6879 0.6720 0.6819
August 0.6862 0.6644 0.6738
September 0.6736 0.6560 0.6656
October 0.6684 0.6581 0.6632
November 0.6633 0.6457 0.6565
December 0.6646 0.6544 0.6594