YEARLY HIGH
3.0722 ISK
YEARLY LOW
2.8012 ISK
YEARLY AVERAGE
2.9252 ISK

2014 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 3.0722. Conversely, the yearly low was recorded on October 26, dropping to 2.8012.

This high-to-low spread represents a total annual volatility of 0.2710 ISK. From a start-to-finish perspective, comparing the January average rate of 3.0392 to the December average rate of 2.9056, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.0722 was down 22.59% compared to the 2013 peak of 3.9685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,361 ISK
2013 Average 18,079 ISK
Yearly Trough Low 14,006 ISK
Transaction Impact: A difference of 1,354.79 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.0592
2.8185
JanuMarcMayJulySeptNove

GMD 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 2.9304, compared to 2.9200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 2.9304
H2 Avg (Jul–Dec) 2.9200

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.2620 ISK (High: 3.0632 / Low: 2.8012). On the other end, May was the most stable month, with a tight range of 0.0379 ISK (High: 2.8593 / Low: 2.8214).

October Spread (Volatile) ±0.2620
May Spread (Stable) ±0.0379

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 0.0841 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 3.0392) against the same month in 2013 (average: 3.8466), the exchange rate shifted by -0.8074 (-20.99%).

2014 Avg (January) 3.0392
2013 Avg (January) 3.8466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0722 3.0162 3.0392
February 3.0386 2.9546 2.9948
March 2.9873 2.9398 2.9589
April 2.9691 2.8201 2.8883
May 2.8593 2.8214 2.8386
June 2.8853 2.8396 2.8628
July 2.9095 2.8422 2.8815
August 2.9415 2.9027 2.9179
September 3.0549 2.9338 2.9986
October 3.0632 2.8012 2.9503
November 2.8945 2.8263 2.8662
December 2.9635 2.8641 2.9056