YEARLY HIGH
37.1243 MGA
YEARLY LOW
32.8733 MGA
YEARLY AVERAGE
34.4777 MGA

2026 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 37.1243. Conversely, the yearly low was recorded on March 14, dropping to 32.8733.

This high-to-low spread represents a total annual volatility of 4.2510 MGA. From a start-to-finish perspective, comparing the January average rate of 36.5946 to the December average rate of 34.5670, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 37.1243 was down 0.48% compared to the 2025 peak of 37.3017, 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 185,621 MGA
2025 Average 176,956 MGA
Yearly Trough Low 164,366 MGA
Transaction Impact: A difference of 21,255.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

36.9095
33.1310
JanuMarcMayJuly

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 34.5267, compared to 34.3307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1960 points.

H1 Avg (Jan–Jun) 34.5267
H2 Avg (Jul–Dec) 34.3307

Volatility Range Comparison

Volatility

The most volatile month in 2026 was February, with a trading range of 2.0630 MGA (High: 36.7217 / Low: 34.6588). On the other end, August was the most stable month, with a tight range of 0.1513 MGA (High: 34.6463 / Low: 34.4950).

February Spread (Volatile) ±2.0630
August Spread (Stable) ±0.1513

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 2.2187 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 36.5946) against the same month in 2025 (average: 33.5220), the exchange rate shifted by +3.0726 (+9.17%).

2026 Avg (January) 36.5946
2025 Avg (January) 33.5220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.1243 36.0829 36.5946
February 36.7217 34.6588 35.6646
March 34.8784 32.8733 33.4459
April 34.1027 33.2508 33.7888
May 34.1255 33.8278 34.0453
June 34.0239 33.0127 33.6208
July 34.8854 33.6606 34.0944
August 34.6463 34.4950 34.5670