YEARLY HIGH
22.5704 MGA
YEARLY LOW
19.3955 MGA
YEARLY AVERAGE
21.1784 MGA

2014 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 22.5704. Conversely, the yearly low was recorded on January 13, dropping to 19.3955.

This high-to-low spread represents a total annual volatility of 3.1748 MGA. From a start-to-finish perspective, comparing the January average rate of 19.5827 to the December average rate of 20.7559, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.5704 was up 15.46% compared to the 2013 peak of 19.5490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112,852 MGA
2013 Average 90,736 MGA
Yearly Trough Low 96,978 MGA
Transaction Impact: A difference of 15,874.12 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.6161
19.3070
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.6640, compared to 21.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0289 points.

H1 Avg (Jan–Jun) 20.6640
H2 Avg (Jul–Dec) 21.6929

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.2550 MGA (High: 21.5501 / Low: 20.2951). On the other end, March was the most stable month, with a tight range of 0.3307 MGA (High: 20.9838 / Low: 20.6531).

December Spread (Volatile) ±1.2550
March Spread (Stable) ±0.3307

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1688 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -1.1688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 22.3403) against the same month in 2013 (average: 18.4377), the exchange rate shifted by +3.9026 (+21.17%).

2014 Avg (October) 22.3403
2013 Avg (October) 18.4377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8665 19.3955 19.5827
February 20.7650 19.9078 20.3380
March 20.9838 20.6531 20.7944
April 21.2646 20.7161 21.0033
May 21.2960 20.9221 21.1058
June 21.3986 20.8754 21.1598
July 21.7603 21.2787 21.5195
August 21.9610 21.3692 21.7542
September 22.0529 21.4691 21.8624
October 22.5704 21.9871 22.3403
November 22.1326 21.6597 21.9247
December 21.5501 20.2951 20.7559