YEARLY HIGH
9.2574 ISK
YEARLY LOW
8.0215 ISK
YEARLY AVERAGE
8.5334 ISK

2011 MVR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MVR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 9.2574. Conversely, the yearly low was recorded on October 30, dropping to 8.0215.

This high-to-low spread represents a total annual volatility of 1.2359 ISK. From a start-to-finish perspective, comparing the January average rate of 9.1114 to the December average rate of 8.5846, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 9.2574 was down 9.93% compared to the 2010 peak of 10.2784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,287 ISK
2010 Average 47,696 ISK
Yearly Trough Low 40,107 ISK
Transaction Impact: A difference of 6,179.28 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

9.2091
8.0362
JanuMarcMayJulySeptNove

MVR 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 8.7736, compared to 8.2931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4805 points.

H1 Avg (Jan–Jun) 8.7736
H2 Avg (Jul–Dec) 8.2931

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.8031 ISK (High: 8.8805 / Low: 8.0774). On the other end, August was the most stable month, with a tight range of 0.2147 ISK (High: 8.2382 / Low: 8.0235).

May Spread (Volatile) ±0.8031
August Spread (Stable) ±0.2147

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4193 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 9.1114) against the same month in 2010 (average: 9.8352), the exchange rate shifted by -0.7238 (-7.36%).

2011 Avg (January) 9.1114
2010 Avg (January) 9.8352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2574 8.9687 9.1114
February 9.2067 8.9652 9.1087
March 9.1401 8.8809 9.0013
April 8.9562 8.6563 8.8230
May 8.8805 8.0774 8.4037
June 8.3163 8.0528 8.1937
July 8.4087 8.0831 8.2273
August 8.2382 8.0235 8.1339
September 8.4004 8.1070 8.2694
October 8.4561 8.0215 8.2209
November 8.5980 8.0884 8.3226
December 8.7421 8.4008 8.5846