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2010 TRY to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 86.9395. Conversely, the yearly low was recorded on December 28, dropping to 74.2953.
This high-to-low spread represents a total annual volatility of 12.6441 ISK. From a start-to-finish perspective, comparing the January average rate of 85.2403 to the December average rate of 76.0231, the exchange rate registered a net change of -10.81% (reflecting a weakening trend).
Comparing the value generated converting 50,000 TRY based on timing:
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TRY 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 83.8513, compared to 78.1436 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 5.7077 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 5.3072 ISK (High: 85.9915 / Low: 80.6843). On the other end, October was the most stable month, with a tight range of 1.1754 ISK (High: 78.8383 / Low: 77.6629).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.3816 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for April 2010 is 85.4656.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 86.3030 | 83.1551 | 85.2403 |
| February | 85.6601 | 83.1886 | 84.4838 |
| March | 84.3117 | 82.3143 | 83.1261 |
| April | 86.9395 | 83.8493 | 85.4656 |
| May | 85.9915 | 80.6843 | 83.5869 |
| June | 81.8535 | 80.5642 | 81.2053 |
| July | 80.8640 | 79.3064 | 79.9705 |
| August | 80.3010 | 78.0611 | 78.9722 |
| September | 78.9367 | 77.2738 | 77.9646 |
| October | 78.8383 | 77.6629 | 78.2306 |
| November | 78.4354 | 76.3498 | 77.7005 |
| December | 77.8923 | 74.2953 | 76.0231 |