YEARLY HIGH
96.5172 ISK
YEARLY LOW
88.3851 ISK
YEARLY AVERAGE
92.0534 ISK

2014 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 96.5172. Conversely, the yearly low was recorded on March 10, dropping to 88.3851.

This high-to-low spread represents a total annual volatility of 8.1321 ISK. From a start-to-finish perspective, comparing the January average rate of 90.9629 to the December average rate of 95.1662, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 96.5172 was down 8.61% compared to the 2013 peak of 105.6061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482,586 ISK
2013 Average 488,113 ISK
Yearly Trough Low 441,925 ISK
Transaction Impact: A difference of 40,660.74 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

96.0685
88.4342
JanuMarcMayJulySeptNove

BND 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 90.0797, compared to 94.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9475 points.

H1 Avg (Jan–Jun) 90.0797
H2 Avg (Jul–Dec) 94.0272

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 2.6227 ISK (High: 92.9670 / Low: 90.3443). On the other end, April was the most stable month, with a tight range of 0.6523 ISK (High: 89.8493 / Low: 89.1969).

July Spread (Volatile) ±2.6227
April Spread (Stable) ±0.6523

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1338 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.1338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 95.4323) against the same month in 2013 (average: 97.4423), the exchange rate shifted by -2.0100 (-2.06%).

2014 Avg (November) 95.4323
2013 Avg (November) 97.4423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.2407 89.8554 90.9629
February 91.2455 89.0749 90.2042
March 89.9049 88.3851 89.0704
April 89.8493 89.1969 89.4582
May 90.6585 89.2955 89.9373
June 91.6042 90.1086 90.8450
July 92.9670 90.3443 91.8527
August 93.5763 92.1694 92.8462
September 94.9452 93.3921 94.1079
October 95.3104 94.2156 94.7577
November 96.5172 94.5845 95.4323
December 96.2709 94.1734 95.1662