YEARLY HIGH
0.0966 ISK
YEARLY LOW
0.0874 ISK
YEARLY AVERAGE
0.0923 ISK

2011 MNT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0966. Conversely, the yearly low was recorded on December 13, dropping to 0.0874.

This high-to-low spread represents a total annual volatility of 0.0092 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0886, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0966 was up 0.51% compared to the 2010 peak of 0.0961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 483 ISK
2010 Average 451 ISK
Yearly Trough Low 437 ISK
Transaction Impact: A difference of 46.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0947
0.0881
JanuMarcMayJulySeptNove

MNT 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 0.0932, compared to 0.0914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0932
H2 Avg (Jul–Dec) 0.0914

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0087 ISK (High: 0.0963 / Low: 0.0876). On the other end, February was the most stable month, with a tight range of 0.0021 ISK (High: 0.0942 / Low: 0.0921).

May Spread (Volatile) ±0.0087
February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.0941) against the same month in 2010 (average: 0.0901), the exchange rate shifted by +0.0040 (+4.43%).

2011 Avg (March) 0.0941
2010 Avg (March) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0952 0.0911 0.0937
February 0.0942 0.0921 0.0934
March 0.0966 0.0921 0.0941
April 0.0962 0.0882 0.0930
May 0.0963 0.0876 0.0932
June 0.0934 0.0907 0.0920
July 0.0959 0.0914 0.0932
August 0.0953 0.0915 0.0932
September 0.0945 0.0913 0.0930
October 0.0946 0.0874 0.0906
November 0.0914 0.0883 0.0900
December 0.0896 0.0874 0.0886