2011 BND to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |