YEARLY HIGH
0.7232 CVE
YEARLY LOW
0.6610 CVE
YEARLY AVERAGE
0.6834 CVE

2011 ISK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.7232. Conversely, the yearly low was recorded on June 19, dropping to 0.6610.

This high-to-low spread represents a total annual volatility of 0.0622 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7076 to the December average rate of 0.6925, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7232 was down 1.74% compared to the 2010 peak of 0.7360, 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 3,616 CVE
2010 Average 3,418 CVE
Yearly Trough Low 3,305 CVE
Transaction Impact: A difference of 310.96 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7118
0.6612
JanuMarcMayJulySeptNove

ISK to CVE 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 0.6827, compared to 0.6842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.6827
H2 Avg (Jul–Dec) 0.6842

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0308 CVE (High: 0.7232 / Low: 0.6924). On the other end, July was the most stable month, with a tight range of 0.0073 CVE (High: 0.6709 / Low: 0.6636).

January Spread (Volatile) ±0.0308
July Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 0.0145 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.7076) against the same month in 2010 (average: 0.6142), the exchange rate shifted by +0.0934 (+15.20%).

2011 Avg (January) 0.7076
2010 Avg (January) 0.6142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7232 0.6924 0.7076
February 0.7005 0.6862 0.6931
March 0.6898 0.6803 0.6838
April 0.6807 0.6695 0.6756
May 0.6755 0.6653 0.6709
June 0.6701 0.6610 0.6654
July 0.6709 0.6636 0.6667
August 0.6763 0.6611 0.6718
September 0.6943 0.6760 0.6864
October 0.7002 0.6868 0.6932
November 0.7017 0.6840 0.6944
December 0.6995 0.6883 0.6925