YEARLY HIGH
19.0978 ISK
YEARLY LOW
16.9955 ISK
YEARLY AVERAGE
17.8804 ISK

2011 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 19.0978. Conversely, the yearly low was recorded on May 2, dropping to 16.9955.

This high-to-low spread represents a total annual volatility of 2.1023 ISK. From a start-to-finish perspective, comparing the January average rate of 17.9148 to the December average rate of 18.6686, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 19.0978 was down 5.52% compared to the 2010 peak of 20.2134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,489 ISK
2010 Average 93,783 ISK
Yearly Trough Low 84,978 ISK
Transaction Impact: A difference of 10,511.67 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.8005
17.2172
JanuMarcMayJulySeptNove

MMK 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 17.6935, compared to 18.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3737 points.

H1 Avg (Jan–Jun) 17.6935
H2 Avg (Jul–Dec) 18.0672

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1.2800 ISK (High: 18.8108 / Low: 17.5309). On the other end, February was the most stable month, with a tight range of 0.4749 ISK (High: 18.1023 / Low: 17.6274).

November Spread (Volatile) ±1.2800
February Spread (Stable) ±0.4749

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 March and April, when the average rate fell by 0.3509 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 18.6686) against the same month in 2010 (average: 17.7876), the exchange rate shifted by +0.8810 (+4.95%).

2011 Avg (December) 18.6686
2010 Avg (December) 17.7876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.2019 17.6378 17.9148
February 18.1023 17.6274 17.9110
March 17.9748 17.4616 17.7001
April 17.6098 17.0233 17.3492
May 17.9944 16.9955 17.5870
June 17.9644 17.4168 17.6993
July 18.2192 17.4916 17.8516
August 17.9879 17.3598 17.7143
September 18.5136 17.5412 18.0871
October 18.4960 17.3473 17.9439
November 18.8108 17.5309 18.1379
December 19.0978 18.2045 18.6686