2011 FKP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 FKP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 192.1918. Conversely, the yearly low was recorded on January 3, dropping to 178.9067.
This high-to-low spread represents a total annual volatility of 13.2851 ISK. From a start-to-finish perspective, comparing the January average rate of 183.9233 to the December average rate of 188.6836, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 192.1918 was down 7.40% compared to the 2010 peak of 207.5544, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
FKP 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 186.1643, compared to 185.8999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2644 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 8.4261 ISK (High: 187.3328 / Low: 178.9067). On the other end, October was the most stable month, with a tight range of 3.2747 ISK (High: 185.0044 / Low: 181.7297).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.1501 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 188.6836) against the same month in 2010 (average: 180.6254), the exchange rate shifted by +8.0582 (+4.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 187.3328 | 178.9067 | 183.9233 |
| February | 190.6875 | 185.8423 | 188.0420 |
| March | 188.7779 | 183.2001 | 186.1105 |
| April | 186.2228 | 182.9091 | 184.9365 |
| May | 190.7488 | 183.2845 | 187.1871 |
| June | 189.1645 | 183.5496 | 186.7867 |
| July | 189.8655 | 183.1047 | 187.0766 |
| August | 189.6675 | 184.6838 | 187.3562 |
| September | 186.9140 | 181.9948 | 184.2061 |
| October | 185.0044 | 181.7297 | 182.8971 |
| November | 188.4575 | 182.6773 | 185.1798 |
| December | 192.1918 | 185.1629 | 188.6836 |