YEARLY HIGH
0.0181 ISK
YEARLY LOW
0.0151 ISK
YEARLY AVERAGE
0.0168 ISK

2011 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0181. Conversely, the yearly low was recorded on February 6, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0030 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0175, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0181 was down 30.92% compared to the 2010 peak of 0.0262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 ISK
2010 Average 112 ISK
Yearly Trough Low 75 ISK
Transaction Impact: A difference of 15.24 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0179
0.0156
JanuMarcMayJulySeptNove

GNF 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 0.0163, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0163
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0019 ISK (High: 0.0174 / Low: 0.0155). On the other end, April was the most stable month, with a tight range of 0.0005 ISK (High: 0.0162 / Low: 0.0157).

May Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0177) against the same month in 2010 (average: 0.0200), the exchange rate shifted by -0.0023 (-11.49%).

2011 Avg (September) 0.0177
2010 Avg (September) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0170 0.0152 0.0162
February 0.0162 0.0151 0.0158
March 0.0166 0.0151 0.0162
April 0.0162 0.0157 0.0160
May 0.0174 0.0155 0.0162
June 0.0176 0.0169 0.0172
July 0.0177 0.0170 0.0173
August 0.0175 0.0161 0.0171
September 0.0181 0.0173 0.0177
October 0.0178 0.0165 0.0172
November 0.0178 0.0166 0.0173
December 0.0178 0.0169 0.0175