2011 NGN to ISK Historical Review

YEARLY HIGH

0.7781 ISK

YEARLY LOW

0.7057 ISK

YEARLY AVERAGE

0.7444 ISK

2011 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.7781. Conversely, the yearly low was recorded on October 27, dropping to 0.7057.

This high-to-low spread represents a total annual volatility of 0.0723 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7643 to the December average rate of 0.7445, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7781 was down 10.71% compared to the 2010 peak of 0.8714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 778,070 ISK

2010 Average 808,228 ISK

Yearly Trough Low 705,739 ISK

Transaction Impact: A difference of 72,331.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7682

0.7211

JanuMarcMayJulySeptNove

NGN 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 0.7456, compared to 0.7433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.7456

H2 Avg (Jul–Dec) 0.7433

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0475 ISK (High: 0.7532 / Low: 0.7057). On the other end, February was the most stable month, with a tight range of 0.0189 ISK (High: 0.7720 / Low: 0.7531).

October Spread (Volatile) ±0.0475

February Spread (Stable) ±0.0189

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 September and October, when the average rate fell by 0.0209 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.7608) against the same month in 2010 (average: 0.8206), the exchange rate shifted by -0.0598 (-7.28%).

2011 Avg (July) 0.7608

2010 Avg (July) 0.8206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7761	0.7537	0.7643
February	0.7720	0.7531	0.7626
March	0.7564	0.7323	0.7430
April	0.7428	0.7166	0.7304
May	0.7481	0.7164	0.7333
June	0.7521	0.7298	0.7398
July	0.7781	0.7471	0.7608
August	0.7652	0.7240	0.7456
September	0.7580	0.7379	0.7459
October	0.7532	0.7057	0.7251
November	0.7563	0.7218	0.7378
December	0.7567	0.7319	0.7445