YEARLY HIGH
1.4304 ISK
YEARLY LOW
1.2985 ISK
YEARLY AVERAGE
1.3505 ISK

2011 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.4304. Conversely, the yearly low was recorded on May 2, dropping to 1.2985.

This high-to-low spread represents a total annual volatility of 0.1319 ISK. From a start-to-finish perspective, comparing the January average rate of 1.3427 to the December average rate of 1.4022, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4304 was down 4.01% compared to the 2010 peak of 1.4902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,152 ISK
2010 Average 6,959 ISK
Yearly Trough Low 6,492 ISK
Transaction Impact: A difference of 659.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4102
1.3134
JanuMarcMayJulySeptNove

JMD to ISK 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 1.3381, compared to 1.3629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 1.3381
H2 Avg (Jul–Dec) 1.3629

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0809 ISK (High: 1.3794 / Low: 1.2985). On the other end, February was the most stable month, with a tight range of 0.0362 ISK (High: 1.3578 / Low: 1.3215).

May Spread (Volatile) ±0.0809
February Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0179 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.4022) against the same month in 2010 (average: 1.3331), the exchange rate shifted by +0.0691 (+5.18%).

2011 Avg (December) 1.4022
2010 Avg (December) 1.3331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3629 1.3220 1.3427
February 1.3578 1.3215 1.3420
March 1.3456 1.3065 1.3243
April 1.3423 1.3006 1.3214
May 1.3794 1.2985 1.3456
June 1.3758 1.3299 1.3522
July 1.3895 1.3303 1.3580
August 1.3566 1.3175 1.3401
September 1.3889 1.3328 1.3628
October 1.3907 1.3131 1.3516
November 1.4035 1.3276 1.3627
December 1.4304 1.3706 1.4022