YEARLY HIGH
1.3859 NGN
YEARLY LOW
1.1476 NGN
YEARLY AVERAGE
1.2409 NGN

2010 ISK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ISK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 1.3859. Conversely, the yearly low was recorded on May 17, dropping to 1.1476.

This high-to-low spread represents a total annual volatility of 0.2383 NGN. From a start-to-finish perspective, comparing the January average rate of 1.1954 to the December average rate of 1.3181, the exchange rate registered a net change of 10.27% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 6,930 NGN
Yearly Average 6,205 NGN
Yearly Trough Low 5,738 NGN
Transaction Impact: A difference of 1,191.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.3832
1.1518
JanuMarcMayJulySeptNove

ISK to NGN 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 1.1797, compared to 1.3022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1226 points.

H1 Avg (Jan–Jun) 1.1797
H2 Avg (Jul–Dec) 1.3022

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.1022 NGN (High: 1.3675 / Low: 1.2653). On the other end, February was the most stable month, with a tight range of 0.0271 NGN (High: 1.1948 / Low: 1.1676).

September Spread (Volatile) ±0.1022
February Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between May and October, 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 0.0249 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 1.3430.

2010 Avg (November) 1.3430
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2217 1.1770 1.1954
February 1.1948 1.1676 1.1770
March 1.1996 1.1528 1.1763
April 1.1980 1.1654 1.1792
May 1.1972 1.1476 1.1711
June 1.1985 1.1560 1.1791
July 1.2507 1.1791 1.2189
August 1.2853 1.2487 1.2623
September 1.3675 1.2653 1.3073
October 1.3828 1.3435 1.3639
November 1.3859 1.2860 1.3430
December 1.3361 1.2974 1.3181