YEARLY HIGH
192.2083 ISK
YEARLY LOW
178.5337 ISK
YEARLY AVERAGE
185.9784 ISK

2011 GIP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 192.2083. Conversely, the yearly low was recorded on January 2, dropping to 178.5337.

This high-to-low spread represents a total annual volatility of 13.6746 ISK. From a start-to-finish perspective, comparing the January average rate of 183.8048 to the December average rate of 188.7829, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 192.2083 was down 7.73% compared to the 2010 peak of 208.3027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 961,042 ISK
2010 Average 942,555 ISK
Yearly Trough Low 892,669 ISK
Transaction Impact: A difference of 68,372.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

189.3863
182.1454
JanuMarcMayJulySeptNove

GIP 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 186.1068, compared to 185.8499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2568 points.

H1 Avg (Jan–Jun) 186.1068
H2 Avg (Jul–Dec) 185.8499

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 8.9869 ISK (High: 187.5206 / Low: 178.5337). On the other end, April was the most stable month, with a tight range of 3.0816 ISK (High: 186.1555 / Low: 183.0739).

January Spread (Volatile) ±8.9869
April Spread (Stable) ±3.0816

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 3.0446 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 188.7829) against the same month in 2010 (average: 180.5470), the exchange rate shifted by +8.2359 (+4.56%).

2011 Avg (December) 188.7829
2010 Avg (December) 180.5470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 187.5206 178.5337 183.8048
February 190.5519 185.9320 187.9513
March 188.5495 183.4068 186.0321
April 186.1555 183.0739 184.8764
May 190.4528 183.2790 187.2098
June 188.9933 183.3774 186.7664
July 189.9528 182.8538 186.8281
August 189.6281 185.0602 187.3087
September 186.9971 182.0442 184.2641
October 184.7159 181.5020 182.7488
November 188.3692 182.4454 185.1670
December 192.2083 185.1421 188.7829