2011 ISK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |