2015 ISK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 ISK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 25.7793. Conversely, the yearly low was recorded on January 25, dropping to 19.1630.
This high-to-low spread represents a total annual volatility of 6.6163 MGA. From a start-to-finish perspective, comparing the January average rate of 20.2696 to the December average rate of 24.7509, the exchange rate registered a net change of 22.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 25.7793 was up 14.22% compared to the 2014 peak of 22.5704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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 22.2447, compared to 24.8213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5766 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 1.9381 MGA (High: 25.5252 / Low: 23.5871). On the other end, December was the most stable month, with a tight range of 0.5427 MGA (High: 25.0417 / Low: 24.4990).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 25.1274) against the same month in 2014 (average: 21.7542), the exchange rate shifted by +3.3732 (+15.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.0637 | 19.1630 | 20.2696 |
| February | 21.6274 | 21.0323 | 21.3836 |
| March | 22.4226 | 21.2430 | 21.6935 |
| April | 23.3798 | 21.9017 | 22.5865 |
| May | 23.8612 | 22.6928 | 23.4730 |
| June | 24.4999 | 22.7472 | 24.0619 |
| July | 25.2153 | 23.9569 | 24.5146 |
| August | 25.7793 | 24.5354 | 25.1274 |
| September | 25.6248 | 24.1925 | 24.7767 |
| October | 25.5252 | 23.5871 | 24.7839 |
| November | 25.3873 | 24.5883 | 24.9744 |
| December | 25.0417 | 24.4990 | 24.7509 |