2010 ISK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 10.1304.
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 |