YEARLY HIGH
33.8686 ISK
YEARLY LOW
30.3958 ISK
YEARLY AVERAGE
31.8721 ISK

2011 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 33.8686. Conversely, the yearly low was recorded on May 2, dropping to 30.3958.

This high-to-low spread represents a total annual volatility of 3.4728 ISK. From a start-to-finish perspective, comparing the January average rate of 32.0399 to the December average rate of 33.2114, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 33.8686 was down 6.31% compared to the 2010 peak of 36.1508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169,343 ISK
2010 Average 167,727 ISK
Yearly Trough Low 151,979 ISK
Transaction Impact: A difference of 17,364.02 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

33.4297
30.8100
JanuMarcMayJulySeptNove

QAR 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 31.6442, compared to 32.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4558 points.

H1 Avg (Jan–Jun) 31.6442
H2 Avg (Jul–Dec) 32.1000

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.7917 ISK (High: 32.8255 / Low: 31.0337). On the other end, February was the most stable month, with a tight range of 0.8494 ISK (High: 32.3753 / Low: 31.5259).

October Spread (Volatile) ±1.7917
February Spread (Stable) ±0.8494

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 0.6276 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 33.2114) against the same month in 2010 (average: 31.8124), the exchange rate shifted by +1.3990 (+4.40%).

2011 Avg (December) 33.2114
2010 Avg (December) 31.8124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.5533 31.5446 32.0399
February 32.3753 31.5259 32.0332
March 32.1473 31.2294 31.6559
April 31.4944 30.4455 31.0283
May 32.1824 30.3958 31.4536
June 32.1287 31.1493 31.6544
July 32.4565 31.2831 31.8274
August 31.8890 31.0083 31.4644
September 32.5976 31.3699 32.0299
October 32.8255 31.0337 31.8675
November 33.1110 31.3424 32.1993
December 33.8686 32.4986 33.2114