YEARLY HIGH
11.0636 BIF
YEARLY LOW
9.5605 BIF
YEARLY AVERAGE
10.4262 BIF

2011 ISK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 11.0636. Conversely, the yearly low was recorded on January 11, dropping to 9.5605.

This high-to-low spread represents a total annual volatility of 1.5031 BIF. From a start-to-finish perspective, comparing the January average rate of 9.7319 to the December average rate of 10.6569, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.0636 was up 5.54% compared to the 2010 peak of 10.4829, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,318 BIF
2010 Average 46,669 BIF
Yearly Trough Low 47,802 BIF
Transaction Impact: A difference of 7,515.68 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.8687
9.6285
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 10.2437, compared to 10.6086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3649 points.

H1 Avg (Jan–Jun) 10.2437
H2 Avg (Jul–Dec) 10.6086

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 1.1642 BIF (High: 11.0608 / Low: 9.8966). On the other end, February was the most stable month, with a tight range of 0.2411 BIF (High: 9.8948 / Low: 9.6537).

April Spread (Volatile) ±1.1642
February Spread (Stable) ±0.2411

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.1838 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 10.6569) against the same month in 2010 (average: 9.7960), the exchange rate shifted by +0.8609 (+8.79%).

2011 Avg (December) 10.6569
2010 Avg (December) 9.7960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9232 9.5605 9.7319
February 9.8948 9.6537 9.7543
March 10.0088 9.7435 9.8647
April 11.0608 9.8966 10.7653
May 11.0608 10.4135 10.7032
June 10.8385 10.4959 10.6428
July 10.7851 10.3682 10.5912
August 10.8870 10.6155 10.7212
September 10.7719 10.3470 10.5373
October 10.9039 10.3148 10.6042
November 10.8866 10.2373 10.5410
December 11.0636 10.3915 10.6569