YEARLY HIGH
0.1247 MVR
YEARLY LOW
0.1080 MVR
YEARLY AVERAGE
0.1174 MVR

2011 ISK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1247. Conversely, the yearly low was recorded on January 11, dropping to 0.1080.

This high-to-low spread represents a total annual volatility of 0.0166 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1098 to the December average rate of 0.1165, the exchange rate registered a net change of 6.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1247 was up 5.69% compared to the 2010 peak of 0.1180, 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 623 MVR
2010 Average 526 MVR
Yearly Trough Low 540 MVR
Transaction Impact: A difference of 83.21 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1243
0.1084
JanuMarcMayJulySeptNove

ISK to MVR 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 0.1142, compared to 0.1206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1142
H2 Avg (Jul–Dec) 0.1206

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0112 MVR (High: 0.1238 / Low: 0.1126). On the other end, February was the most stable month, with a tight range of 0.0029 MVR (High: 0.1115 / Low: 0.1086).

May Spread (Volatile) ±0.0112
February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0037 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.1217) against the same month in 2010 (average: 0.1148), the exchange rate shifted by +0.0069 (+5.98%).

2011 Avg (October) 0.1217
2010 Avg (October) 0.1148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1115 0.1080 0.1098
February 0.1115 0.1086 0.1098
March 0.1126 0.1094 0.1111
April 0.1155 0.1117 0.1133
May 0.1238 0.1126 0.1191
June 0.1242 0.1202 0.1221
July 0.1237 0.1189 0.1216
August 0.1246 0.1214 0.1229
September 0.1234 0.1190 0.1209
October 0.1247 0.1183 0.1217
November 0.1236 0.1163 0.1202
December 0.1190 0.1144 0.1165