YEARLY HIGH
0.1046 ISK
YEARLY LOW
0.0904 ISK
YEARLY AVERAGE
0.0961 ISK

2011 BIF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1046. Conversely, the yearly low was recorded on December 9, dropping to 0.0904.

This high-to-low spread represents a total annual volatility of 0.0142 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1028 to the December average rate of 0.0939, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1046 was down 9.70% compared to the 2010 peak of 0.1158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 523 ISK
2010 Average 537 ISK
Yearly Trough Low 452 ISK
Transaction Impact: A difference of 71.05 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1037
0.0920
JanuMarcMayJulySeptNove

BIF 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 0.0978, compared to 0.0943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0978
H2 Avg (Jul–Dec) 0.0943

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0106 ISK (High: 0.1010 / Low: 0.0904). On the other end, August was the most stable month, with a tight range of 0.0023 ISK (High: 0.0942 / Low: 0.0919).

April Spread (Volatile) ±0.0106
August Spread (Stable) ±0.0023

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 March and April, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1028) against the same month in 2010 (average: 0.1104), the exchange rate shifted by -0.0076 (-6.90%).

2011 Avg (January) 0.1028
2010 Avg (January) 0.1104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1046 0.1008 0.1028
February 0.1036 0.1011 0.1025
March 0.1026 0.0999 0.1014
April 0.1010 0.0904 0.0930
May 0.0960 0.0904 0.0935
June 0.0953 0.0923 0.0940
July 0.0964 0.0927 0.0944
August 0.0942 0.0919 0.0933
September 0.0966 0.0928 0.0949
October 0.0969 0.0917 0.0943
November 0.0977 0.0919 0.0949
December 0.0962 0.0904 0.0939