YEARLY HIGH
57.9004 ISK
YEARLY LOW
43.5872 ISK
YEARLY AVERAGE
49.6162 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 289,502 ISK
2010 Average 226,269 ISK
Yearly Trough Low 217,936 ISK
Transaction Impact: A difference of 71,566.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

58.0605
43.3112
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 45.8642
H2 Avg (Jul–Dec) 53.3683

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±4.6550
January Spread (Stable) ±1.3128

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1386

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2011 Avg (December) 56.8314
2010 Avg (December) 44.7702

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