2011 ISK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ISK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 66.4394. Conversely, the yearly low was recorded on September 7, dropping to 55.2499.
This high-to-low spread represents a total annual volatility of 11.1894 GNF. From a start-to-finish perspective, comparing the January average rate of 61.9245 to the December average rate of 57.3039, the exchange rate registered a net change of -7.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 66.4394 was up 4.27% compared to the 2010 peak of 63.7164, 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 GNF 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 61.5487, compared to 57.7467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8020 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 7.1100 GNF (High: 65.7638 / Low: 58.6538). On the other end, April was the most stable month, with a tight range of 1.9637 GNF (High: 63.6076 / Low: 61.6439).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.6561 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2011: 63.2032) against the same month in 2010 (average: 39.1446), the exchange rate shifted by +24.0587 (+61.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.7638 | 58.6538 | 61.9245 |
| February | 66.4394 | 61.7146 | 63.2032 |
| March | 66.0855 | 60.2443 | 61.9278 |
| April | 63.6076 | 61.6439 | 62.5070 |
| May | 64.4246 | 57.5550 | 61.6927 |
| June | 59.1733 | 56.9410 | 58.0367 |
| July | 58.6857 | 56.4656 | 57.7076 |
| August | 62.1494 | 57.2916 | 58.6684 |
| September | 57.9420 | 55.2499 | 56.6147 |
| October | 60.6757 | 56.0730 | 58.2564 |
| November | 60.0965 | 56.3191 | 57.9289 |
| December | 59.0053 | 56.2850 | 57.3039 |