YEARLY HIGH
0.0715 ZAR
YEARLY LOW
0.0572 ZAR
YEARLY AVERAGE
0.0625 ZAR

2011 ISK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0715. Conversely, the yearly low was recorded on January 3, dropping to 0.0572.

This high-to-low spread represents a total annual volatility of 0.0143 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0594 to the December average rate of 0.0677, the exchange rate registered a net change of 13.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0715 was up 13.35% compared to the 2010 peak of 0.0631, 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 358 ZAR
2010 Average 300 ZAR
Yearly Trough Low 286 ZAR
Transaction Impact: A difference of 71.39 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0706
0.0574
JanuMarcMayJulySeptNove

ISK to ZAR 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 0.0599, compared to 0.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0599
H2 Avg (Jul–Dec) 0.0652

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0093 ZAR (High: 0.0707 / Low: 0.0614). On the other end, June was the most stable month, with a tight range of 0.0015 ZAR (High: 0.0595 / Low: 0.0580).

September Spread (Volatile) ±0.0093
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0695) against the same month in 2010 (average: 0.0622), the exchange rate shifted by +0.0073 (+11.81%).

2011 Avg (November) 0.0695
2010 Avg (November) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0619 0.0572 0.0594
February 0.0629 0.0600 0.0616
March 0.0615 0.0591 0.0600
April 0.0604 0.0587 0.0595
May 0.0607 0.0591 0.0599
June 0.0595 0.0580 0.0590
July 0.0594 0.0576 0.0585
August 0.0640 0.0579 0.0619
September 0.0707 0.0614 0.0647
October 0.0706 0.0673 0.0686
November 0.0715 0.0678 0.0695
December 0.0691 0.0660 0.0677