2015 GMD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GMD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 3.4242. Conversely, the yearly low was recorded on January 2, dropping to 2.9662.
This high-to-low spread represents a total annual volatility of 0.4580 ISK. From a start-to-finish perspective, comparing the January average rate of 3.0606 to the December average rate of 3.2788, the exchange rate registered a net change of 7.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 3.4242 was up 11.46% compared to the 2014 peak of 3.0722, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.1082, compared to 3.2994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was June, with a trading range of 0.2870 ISK (High: 3.3386 / Low: 3.0515). On the other end, February was the most stable month, with a tight range of 0.0867 ISK (High: 3.1058 / Low: 3.0191).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 0.0850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2015: 3.3789) against the same month in 2014 (average: 2.8815), the exchange rate shifted by +0.4975 (+17.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1840 | 2.9662 | 3.0606 |
| February | 3.1058 | 3.0191 | 3.0629 |
| March | 3.2491 | 3.0914 | 3.1815 |
| April | 3.2159 | 3.0638 | 3.1619 |
| May | 3.1486 | 3.0311 | 3.0770 |
| June | 3.3386 | 3.0515 | 3.1053 |
| July | 3.4242 | 3.3324 | 3.3789 |
| August | 3.4076 | 3.2044 | 3.3181 |
| September | 3.2987 | 3.1640 | 3.2506 |
| October | 3.3172 | 3.1389 | 3.2314 |
| November | 3.3661 | 3.2750 | 3.3384 |
| December | 3.3544 | 3.2140 | 3.2788 |