YEARLY HIGH
2.5197 ISK
YEARLY LOW
2.2486 ISK
YEARLY AVERAGE
2.4157 ISK

2011 SYP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SYP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.5197. Conversely, the yearly low was recorded on November 8, dropping to 2.2486.

This high-to-low spread represents a total annual volatility of 0.2711 ISK. From a start-to-finish perspective, comparing the January average rate of 2.4933 to the December average rate of 2.3428, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5197 was down 10.83% compared to the 2010 peak of 2.8257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,599 ISK
2010 Average 13,156 ISK
Yearly Trough Low 11,243 ISK
Transaction Impact: A difference of 1,355.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5093
2.3277
JanuMarcMayJulySeptNove

SYP 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 2.4457, compared to 2.3856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0601 points.

H1 Avg (Jan–Jun) 2.4457
H2 Avg (Jul–Dec) 2.3856

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.1622 ISK (High: 2.4108 / Low: 2.2486). On the other end, February was the most stable month, with a tight range of 0.0446 ISK (High: 2.5101 / Low: 2.4655).

November Spread (Volatile) ±0.1622
February Spread (Stable) ±0.0446

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 0.0876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.4933) against the same month in 2010 (average: 2.7589), the exchange rate shifted by -0.2656 (-9.63%).

2011 Avg (January) 2.4933
2010 Avg (January) 2.7589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5197 2.4566 2.4933
February 2.5101 2.4655 2.4942
March 2.5055 2.4043 2.4664
April 2.4178 2.3331 2.3788
May 2.4710 2.3302 2.4129
June 2.4662 2.3910 2.4287
July 2.4889 2.4023 2.4414
August 2.4437 2.3807 2.4139
September 2.4854 2.3954 2.4218
October 2.4181 2.2955 2.3458
November 2.4108 2.2486 2.3479
December 2.3689 2.2776 2.3428