YEARLY HIGH
97.0460 ISK
YEARLY LOW
89.2977 ISK
YEARLY AVERAGE
92.3253 ISK

2011 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 97.0460. Conversely, the yearly low was recorded on January 4, dropping to 89.2977.

This high-to-low spread represents a total annual volatility of 7.7483 ISK. From a start-to-finish perspective, comparing the January average rate of 90.5782 to the December average rate of 93.3533, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 97.0460 was up 2.20% compared to the 2010 peak of 94.9587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 485,230 ISK
2010 Average 447,395 ISK
Yearly Trough Low 446,488 ISK
Transaction Impact: A difference of 38,741.50 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

95.6777
90.0807
JanuMarcMayJulySeptNove

BND 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 91.5190, compared to 93.1315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6124 points.

H1 Avg (Jan–Jun) 91.5190
H2 Avg (Jul–Dec) 93.1315

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 4.3488 ISK (High: 97.0460 / Low: 92.6972). On the other end, April was the most stable month, with a tight range of 1.8814 ISK (High: 91.2406 / Low: 89.3592).

July Spread (Volatile) ±4.3488
April Spread (Stable) ±1.8814

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 September and October, when the average rate fell by 2.9033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 95.2113) against the same month in 2010 (average: 89.3502), the exchange rate shifted by +5.8611 (+6.56%).

2011 Avg (July) 95.2113
2010 Avg (July) 89.3502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.8098 89.2977 90.5782
February 92.1626 90.1738 91.3466
March 92.0079 89.7875 90.8311
April 91.2406 89.3592 90.5471
May 93.8256 90.4821 92.5043
June 94.4115 92.2277 93.3070
July 97.0460 92.6972 95.2113
August 96.2699 93.6747 94.6816
September 95.8791 92.0532 93.8065
October 92.8013 89.7666 90.9032
November 93.6674 89.7022 90.8328
December 94.8129 91.8068 93.3533