2011 CNY to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 CNY to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 19.5099. Conversely, the yearly low was recorded on May 2, dropping to 17.0522.
This high-to-low spread represents a total annual volatility of 2.4576 ISK. From a start-to-finish perspective, comparing the January average rate of 17.6737 to the December average rate of 19.0676, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 19.5099 was up 1.24% compared to the 2010 peak of 19.2711, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
CNY 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 17.6113, compared to 18.2973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6860 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 1.0015 ISK (High: 18.7573 / Low: 17.7558). On the other end, February was the most stable month, with a tight range of 0.4050 ISK (High: 17.8682 / Low: 17.4632).
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 March and April, when the average rate fell by 0.2432 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 19.0676) against the same month in 2010 (average: 17.4158), the exchange rate shifted by +1.6518 (+9.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.9122 | 17.3749 | 17.6737 |
| February | 17.8682 | 17.4632 | 17.7213 |
| March | 17.7967 | 17.3570 | 17.5482 |
| April | 17.5106 | 17.0731 | 17.3051 |
| May | 18.0097 | 17.0522 | 17.6263 |
| June | 18.0609 | 17.4940 | 17.7933 |
| July | 18.2722 | 17.6150 | 17.9432 |
| August | 18.0745 | 17.6417 | 17.8809 |
| September | 18.5582 | 17.8911 | 18.2475 |
| October | 18.7573 | 17.7558 | 18.2008 |
| November | 18.9095 | 17.9951 | 18.4439 |
| December | 19.5099 | 18.5914 | 19.0676 |