2011 GHS to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 85.4284. Conversely, the yearly low was recorded on October 30, dropping to 70.5863.
This high-to-low spread represents a total annual volatility of 14.8421 ISK. From a start-to-finish perspective, comparing the January average rate of 77.5953 to the December average rate of 73.7260, the exchange rate registered a net change of -4.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 85.4284 was down 7.76% compared to the 2010 peak of 92.6112, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GHS 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 76.2416, compared to 74.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1539 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 12.3365 ISK (High: 85.4284 / Low: 73.0919). On the other end, November was the most stable month, with a tight range of 2.3799 ISK (High: 73.5227 / Low: 71.1428).
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 2.9248 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2011: 77.4978) against the same month in 2010 (average: 89.7334), the exchange rate shifted by -12.2356 (-13.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.0343 | 74.0751 | 77.5953 |
| February | 85.4284 | 73.0919 | 77.4978 |
| March | 77.0540 | 74.2853 | 75.5983 |
| April | 76.2991 | 73.8318 | 74.8905 |
| May | 77.5530 | 73.4716 | 75.8555 |
| June | 77.2074 | 74.4367 | 76.0122 |
| July | 77.8560 | 74.8409 | 76.5131 |
| August | 76.5762 | 73.9812 | 75.1027 |
| September | 76.5944 | 73.6236 | 74.8808 |
| October | 74.3229 | 70.5863 | 71.9560 |
| November | 73.5227 | 71.1428 | 72.3476 |
| December | 75.2076 | 71.8854 | 73.7260 |