YEARLY HIGH
18.5939 MGA
YEARLY LOW
16.5530 MGA
YEARLY AVERAGE
17.4195 MGA

2011 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 18.5939. Conversely, the yearly low was recorded on July 12, dropping to 16.5530.

This high-to-low spread represents a total annual volatility of 2.0409 MGA. From a start-to-finish perspective, comparing the January average rate of 17.9384 to the December average rate of 17.6993, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 18.5939 was up 0.20% compared to the 2010 peak of 18.5571, 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 92,970 MGA
2010 Average 85,945 MGA
Yearly Trough Low 82,765 MGA
Transaction Impact: A difference of 10,204.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.1568
16.7247
JanuMarcMayJulySeptNove

ISK to MGA 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 17.3473, compared to 17.4917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1444 points.

H1 Avg (Jan–Jun) 17.3473
H2 Avg (Jul–Dec) 17.4917

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.7002 MGA (High: 18.5202 / Low: 16.8201). On the other end, August was the most stable month, with a tight range of 0.3829 MGA (High: 17.3168 / Low: 16.9340).

October Spread (Volatile) ±1.7002
August Spread (Stable) ±0.3829

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6102 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 17.9384) against the same month in 2010 (average: 16.1078), the exchange rate shifted by +1.8305 (+11.36%).

2011 Avg (January) 17.9384
2010 Avg (January) 16.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5939 17.5547 17.9384
February 17.6942 17.0972 17.3282
March 17.6510 17.1771 17.3979
April 17.5926 17.1680 17.4412
May 17.5794 16.8169 17.1341
June 17.0466 16.6424 16.8441
July 17.2745 16.5530 16.8974
August 17.3168 16.9340 17.1077
September 17.5522 16.8441 17.2132
October 18.5202 16.8201 18.0375
November 18.4983 17.4992 17.9953
December 18.2216 17.4884 17.6993