YEARLY HIGH
1.4170 NGN
YEARLY LOW
1.2852 NGN
YEARLY AVERAGE
1.3438 NGN

2011 ISK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1.4170. Conversely, the yearly low was recorded on July 12, dropping to 1.2852.

This high-to-low spread represents a total annual volatility of 0.1317 NGN. From a start-to-finish perspective, comparing the January average rate of 1.3085 to the December average rate of 1.3434, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4170 was up 2.24% compared to the 2010 peak of 1.3859, 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 7,085 NGN
2010 Average 6,207 NGN
Yearly Trough Low 6,426 NGN
Transaction Impact: A difference of 658.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3866
1.3014
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 1.3418, compared to 1.3459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 1.3418
H2 Avg (Jul–Dec) 1.3459

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0894 NGN (High: 1.4170 / Low: 1.3276). On the other end, February was the most stable month, with a tight range of 0.0326 NGN (High: 1.3279 / Low: 1.2953).

October Spread (Volatile) ±0.0894
February Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0374 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.3795) against the same month in 2010 (average: 1.3639), the exchange rate shifted by +0.0156 (+1.14%).

2011 Avg (October) 1.3795
2010 Avg (October) 1.3639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3268 1.2884 1.3085
February 1.3279 1.2953 1.3114
March 1.3655 1.3220 1.3461
April 1.3954 1.3462 1.3693
May 1.3959 1.3367 1.3638
June 1.3702 1.3297 1.3518
July 1.3386 1.2852 1.3144
August 1.3812 1.3068 1.3415
September 1.3552 1.3192 1.3407
October 1.4170 1.3276 1.3795
November 1.3855 1.3222 1.3556
December 1.3664 1.3215 1.3434