YEARLY HIGH
45.7175 ISK
YEARLY LOW
38.9656 ISK
YEARLY AVERAGE
42.1251 ISK

2011 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 45.7175. Conversely, the yearly low was recorded on May 2, dropping to 38.9656.

This high-to-low spread represents a total annual volatility of 6.7518 ISK. From a start-to-finish perspective, comparing the January average rate of 41.8211 to the December average rate of 44.8268, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 45.7175 was up 4.39% compared to the 2010 peak of 43.7962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228,587 ISK
2010 Average 203,199 ISK
Yearly Trough Low 194,828 ISK
Transaction Impact: A difference of 33,759.17 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

45.2984
39.6397
JanuMarcMayJulySeptNove

PEN 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 41.3949, compared to 42.8554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4605 points.

H1 Avg (Jan–Jun) 41.3949
H2 Avg (Jul–Dec) 42.8554

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 3.5113 ISK (High: 42.4769 / Low: 38.9656). On the other end, August was the most stable month, with a tight range of 1.0145 ISK (High: 42.3090 / Low: 41.2945).

May Spread (Volatile) ±3.5113
August Spread (Stable) ±1.0145

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 1.3644 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 44.8268) against the same month in 2010 (average: 38.5403), the exchange rate shifted by +6.2865 (+16.31%).

2011 Avg (December) 44.8268
2010 Avg (December) 38.5403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.3094 40.9883 41.8211
February 42.5838 41.4680 42.0515
March 42.2545 40.6623 41.4756
April 40.8447 39.2662 40.1113
May 42.4769 38.9656 41.2173
June 42.3616 40.6604 41.6924
July 43.1010 41.4305 42.2512
August 42.3090 41.2945 41.8073
September 43.1707 41.8201 42.5052
October 43.0610 41.6817 42.4296
November 44.4714 42.1483 43.3121
December 45.7175 43.8405 44.8268