2011 VEF to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 VEF to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the VEF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 28.7243. Conversely, the yearly low was recorded on May 2, dropping to 25.7625.
This high-to-low spread represents a total annual volatility of 2.9619 ISK. From a start-to-finish perspective, comparing the January average rate of 27.1431 to the December average rate of 28.1525, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 28.7243 was down 50.91% compared to the 2010 peak of 58.5166, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
VEF 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 26.8101, compared to 27.1992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3891 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 1.5513 ISK (High: 27.8218 / Low: 26.2704). On the other end, February was the most stable month, with a tight range of 0.7199 ISK (High: 27.4402 / Low: 26.7203).
Growth Streaks & Declines
TrendsBetween 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 0.5331 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 28.1525) against the same month in 2010 (average: 26.9523), the exchange rate shifted by +1.2002 (+4.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.5911 | 26.7361 | 27.1431 |
| February | 27.4402 | 26.7203 | 27.1393 |
| March | 27.2469 | 26.4690 | 26.8218 |
| April | 26.6936 | 25.7724 | 26.2887 |
| May | 27.2767 | 25.7625 | 26.6472 |
| June | 27.2312 | 26.4011 | 26.8203 |
| July | 27.5091 | 26.4815 | 26.9640 |
| August | 27.0280 | 26.2816 | 26.6595 |
| September | 27.6286 | 26.5644 | 27.1374 |
| October | 27.8218 | 26.2704 | 26.9979 |
| November | 28.0772 | 26.5317 | 27.2838 |
| December | 28.7243 | 27.5571 | 28.1525 |