YEARLY HIGH
192.1918 ISK
YEARLY LOW
178.9067 ISK
YEARLY AVERAGE
186.0321 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 960,959 ISK
2010 Average 942,725 ISK
Yearly Trough Low 894,534 ISK
Transaction Impact: A difference of 66,425.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

189.2623
182.3184
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 186.1643
H2 Avg (Jul–Dec) 185.8999

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±8.4261
October Spread (Stable) ±3.2747

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1501

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2011 Avg (December) 188.6836
2010 Avg (December) 180.6254

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