2011 PGK to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 57.9004. Conversely, the yearly low was recorded on March 22, dropping to 43.5872.
This high-to-low spread represents a total annual volatility of 14.3132 ISK. From a start-to-finish perspective, comparing the January average rate of 44.5621 to the December average rate of 56.8314, the exchange rate registered a net change of 27.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 57.9004 was up 20.34% compared to the 2010 peak of 48.1158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
PGK to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 45.8642, compared to 53.3683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5040 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 4.6550 ISK (High: 51.4894 / Low: 46.8344). On the other end, January was the most stable month, with a tight range of 1.3128 ISK (High: 45.3504 / Low: 44.0376).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1386 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 56.8314) against the same month in 2010 (average: 44.7702), the exchange rate shifted by +12.0612 (+26.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.3504 | 44.0376 | 44.5621 |
| February | 45.2890 | 43.8103 | 44.6789 |
| March | 45.3427 | 43.5872 | 44.5403 |
| April | 45.8616 | 43.7670 | 44.8796 |
| May | 48.4072 | 45.2735 | 47.2343 |
| June | 51.4894 | 46.8344 | 49.2900 |
| July | 52.1966 | 49.6369 | 50.9445 |
| August | 52.2912 | 50.5894 | 51.3971 |
| September | 53.6718 | 51.5877 | 52.7082 |
| October | 54.0774 | 52.1874 | 53.1858 |
| November | 56.6526 | 53.3450 | 55.1425 |
| December | 57.9004 | 55.7454 | 56.8314 |