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2010 FKP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 207.5544. Conversely, the yearly low was recorded on October 25, dropping to 174.7927.
This high-to-low spread represents a total annual volatility of 32.7617 ISK. From a start-to-finish perspective, comparing the January average rate of 203.3073 to the December average rate of 180.6254, the exchange rate registered a net change of -11.16% (reflecting a weakening trend).
Comparing the value generated converting 5,000 FKP based on timing:
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FKP to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 195.0284, compared to 182.2015 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 12.8269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 11.5690 ISK (High: 195.7158 / Low: 184.1469). On the other end, December was the most stable month, with a tight range of 3.7223 ISK (High: 182.2940 / Low: 178.5717).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 8.1334 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 203.3073.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 207.5544 | 199.6777 | 203.3073 |
| February | 203.3863 | 195.9201 | 200.2136 |
| March | 194.0666 | 189.3698 | 192.0802 |
| April | 198.2303 | 193.9432 | 195.6656 |
| May | 195.7158 | 184.1469 | 189.8829 |
| June | 193.2966 | 186.6963 | 189.0206 |
| July | 192.3257 | 186.4426 | 188.3762 |
| August | 190.6731 | 185.1669 | 186.7599 |
| September | 184.5794 | 178.6342 | 181.4292 |
| October | 178.9104 | 174.7927 | 176.9218 |
| November | 182.3108 | 176.5856 | 179.0961 |
| December | 182.2940 | 178.5717 | 180.6254 |