2010 ISK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 ISK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 18.5571. Conversely, the yearly low was recorded on May 17, dropping to 15.6168.
This high-to-low spread represents a total annual volatility of 2.9403 MGA. From a start-to-finish perspective, comparing the January average rate of 16.1078 to the December average rate of 18.2002, the exchange rate registered a net change of 12.99% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
ISK to MGA 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 16.5149, compared to 17.8542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3393 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was August, with a trading range of 1.5701 MGA (High: 18.4123 / Low: 16.8422). On the other end, October was the most stable month, with a tight range of 0.4582 MGA (High: 18.1717 / Low: 17.7134).
Growth Streaks & Declines
TrendsBetween May and August, 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 August and September, when the average rate fell by 0.7800 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 18.2002.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.5779 | 15.6864 | 16.1078 |
| February | 17.1344 | 16.5197 | 16.7527 |
| March | 17.1260 | 16.2138 | 16.8204 |
| April | 16.6558 | 15.8219 | 16.2878 |
| May | 16.5167 | 15.6168 | 16.0666 |
| June | 17.7108 | 16.5167 | 17.0540 |
| July | 18.2120 | 17.7108 | 17.8834 |
| August | 18.4123 | 16.8422 | 18.0717 |
| September | 17.7679 | 16.9332 | 17.2917 |
| October | 18.1717 | 17.7134 | 17.9218 |
| November | 18.1536 | 17.2578 | 17.7564 |
| December | 18.5571 | 17.3224 | 18.2002 |