YEARLY HIGH
0.7827 ISK
YEARLY LOW
0.6784 ISK
YEARLY AVERAGE
0.7442 ISK

2011 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.7827. Conversely, the yearly low was recorded on October 30, dropping to 0.6784.

This high-to-low spread represents a total annual volatility of 0.1043 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7704 to the December average rate of 0.7371, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7827 was down 11.22% compared to the 2010 peak of 0.8817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,914 ISK
2010 Average 4,049 ISK
Yearly Trough Low 3,392 ISK
Transaction Impact: A difference of 521.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7776
0.6922
JanuMarcMayJulySeptNove

MWK 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 0.7611, compared to 0.7273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.7611
H2 Avg (Jul–Dec) 0.7273

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0635 ISK (High: 0.7733 / Low: 0.7098). On the other end, February was the most stable month, with a tight range of 0.0230 ISK (High: 0.7768 / Low: 0.7538).

August Spread (Volatile) ±0.0635
February Spread (Stable) ±0.0230

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 0.0308 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.7704) against the same month in 2010 (average: 0.8609), the exchange rate shifted by -0.0904 (-10.51%).

2011 Avg (January) 0.7704
2010 Avg (January) 0.8609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7827 0.7587 0.7704
February 0.7768 0.7538 0.7684
March 0.7742 0.7493 0.7612
April 0.7583 0.7332 0.7460
May 0.7787 0.7300 0.7572
June 0.7791 0.7462 0.7635
July 0.7806 0.7508 0.7651
August 0.7733 0.7098 0.7343
September 0.7449 0.7015 0.7173
October 0.7232 0.6784 0.6993
November 0.7360 0.6873 0.7109
December 0.7582 0.7169 0.7371