YEARLY HIGH
22.4198 ISK
YEARLY LOW
20.4219 ISK
YEARLY AVERAGE
21.6680 ISK

2011 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 22.4198. Conversely, the yearly low was recorded on January 9, dropping to 20.4219.

This high-to-low spread represents a total annual volatility of 1.9979 ISK. From a start-to-finish perspective, comparing the January average rate of 20.9237 to the December average rate of 21.4218, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.4198 was down 7.63% compared to the 2010 peak of 24.2707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112,099 ISK
2010 Average 108,712 ISK
Yearly Trough Low 102,110 ISK
Transaction Impact: A difference of 9,989.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.3623
20.7929
JanuMarcMayJulySeptNove

DKK 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 21.6760, compared to 21.6600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 21.6760
H2 Avg (Jul–Dec) 21.6600

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.0084 ISK (High: 21.4303 / Low: 20.4219). On the other end, December was the most stable month, with a tight range of 0.2980 ISK (High: 21.5223 / Low: 21.2243).

January Spread (Volatile) ±1.0084
December Spread (Stable) ±0.2980

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4756 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 22.2045) against the same month in 2010 (average: 21.1291), the exchange rate shifted by +1.0753 (+5.09%).

2011 Avg (July) 22.2045
2010 Avg (July) 21.1291

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.4303 20.4219 20.9237
February 21.5472 21.1220 21.3470
March 21.8140 21.4474 21.6476
April 22.1084 21.7352 21.8950
May 22.1905 21.8068 22.0112
June 22.4000 22.0712 22.2316
July 22.4198 22.0223 22.2045
August 22.2717 21.8614 22.0406
September 21.9100 21.3751 21.5650
October 21.6210 21.1002 21.3782
November 21.7030 21.1126 21.3497
December 21.5223 21.2243 21.4218