YEARLY HIGH
76.2329 ISK
YEARLY LOW
61.9788 ISK
YEARLY AVERAGE
69.3827 ISK

2011 TRY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 76.2329. Conversely, the yearly low was recorded on October 20, dropping to 61.9788.

This high-to-low spread represents a total annual volatility of 14.2541 ISK. From a start-to-finish perspective, comparing the January average rate of 74.4437 to the December average rate of 64.6719, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 76.2329 was down 12.31% compared to the 2010 peak of 86.9395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 3,811,645 ISK
2010 Average 4,048,667 ISK
Yearly Trough Low 3,098,942 ISK
Transaction Impact: A difference of 712,702.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

75.5444
62.3357
JanuMarcMayJulySeptNove

TRY 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 73.2788, compared to 65.4865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7922 points.

H1 Avg (Jan–Jun) 73.2788
H2 Avg (Jul–Dec) 65.4865

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 5.5870 ISK (High: 68.9511 / Low: 63.3641). On the other end, December was the most stable month, with a tight range of 1.0895 ISK (High: 65.2188 / Low: 64.1293).

August Spread (Volatile) ±5.5870
December Spread (Stable) ±1.0895

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 July and August, when the average rate fell by 4.7355 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.7355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 74.4437) against the same month in 2010 (average: 85.2403), the exchange rate shifted by -10.7965 (-12.67%).

2011 Avg (January) 74.4437
2010 Avg (January) 85.2403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.2329 72.0987 74.4437
February 74.4213 72.3098 73.3483
March 73.9039 71.5162 72.9706
April 75.0828 72.9329 74.2760
May 73.8063 71.9463 72.6785
June 73.2744 70.3193 71.9554
July 71.4926 66.9629 69.9719
August 68.9511 63.3641 65.2364
September 66.3141 63.3722 64.9468
October 64.7577 61.9788 63.4364
November 65.5283 63.7433 64.6558
December 65.2188 64.1293 64.6719