2011 TOP to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 71.8743. Conversely, the yearly low was recorded on April 10, dropping to 60.4563.
This high-to-low spread represents a total annual volatility of 11.4180 ISK. From a start-to-finish perspective, comparing the January average rate of 62.6828 to the December average rate of 69.6529, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 71.8743 was up 5.30% compared to the 2010 peak of 68.2564, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TOP 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 63.3988, compared to 68.9805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5817 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 5.5796 ISK (High: 71.7471 / Low: 66.1676). On the other end, February was the most stable month, with a tight range of 1.6679 ISK (High: 63.5751 / Low: 61.9072).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.7187 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 69.9332) against the same month in 2010 (average: 61.5900), the exchange rate shifted by +8.3432 (+13.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.4507 | 61.4905 | 62.6828 |
| February | 63.5751 | 61.9072 | 62.8939 |
| March | 63.2129 | 61.0075 | 62.0944 |
| April | 62.8911 | 60.4563 | 61.6786 |
| May | 66.6229 | 62.3482 | 64.8460 |
| June | 67.3866 | 65.0227 | 66.1973 |
| July | 71.7471 | 66.1676 | 68.7771 |
| August | 71.8743 | 68.5560 | 69.9332 |
| September | 70.7653 | 67.6298 | 69.3590 |
| October | 69.4182 | 66.1862 | 67.6403 |
| November | 69.7059 | 66.8888 | 68.5206 |
| December | 71.0686 | 68.2554 | 69.6529 |