YEARLY HIGH
10.4829 BIF
YEARLY LOW
8.6329 BIF
YEARLY AVERAGE
9.3308 BIF

2010 ISK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 10.4829. Conversely, the yearly low was recorded on May 16, dropping to 8.6329.

This high-to-low spread represents a total annual volatility of 1.8499 BIF. From a start-to-finish perspective, comparing the January average rate of 9.0609 to the December average rate of 9.7960, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 52,414 BIF
Yearly Average 46,654 BIF
Yearly Trough Low 43,165 BIF
Transaction Impact: A difference of 9,249.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

10.3184
8.6621
JanuMarcMayJulySeptNove

ISK to BIF 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 8.9056, compared to 9.7560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8504 points.

H1 Avg (Jan–Jun) 8.9056
H2 Avg (Jul–Dec) 9.7560

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.7902 BIF (High: 10.4829 / Low: 9.6926). On the other end, October was the most stable month, with a tight range of 0.2268 BIF (High: 10.3018 / Low: 10.0750).

November Spread (Volatile) ±0.7902
October Spread (Stable) ±0.2268

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3344 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3344

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 10.1304.

2010 Avg (November) 10.1304
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2412 8.8944 9.0609
February 9.0003 8.7643 8.8474
March 9.0898 8.7523 8.9076
April 9.0738 8.8215 8.9437
May 9.0679 8.6329 8.8001
June 9.0192 8.7106 8.8738
July 9.4813 8.9306 9.1976
August 9.7011 9.3898 9.5139
September 10.0120 9.4586 9.7176
October 10.3018 10.0750 10.1804
November 10.4829 9.6926 10.1304
December 9.9899 9.6937 9.7960