2014 ISK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ISK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 8.7218. Conversely, the yearly low was recorded on December 29, dropping to 8.1166.
This high-to-low spread represents a total annual volatility of 0.6052 MMK. From a start-to-finish perspective, comparing the January average rate of 8.5130 to the December average rate of 8.2278, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 8.7218 was up 1.57% compared to the 2013 peak of 8.5868, 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 2014.
ISK to MMK 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 8.5664, compared to 8.3202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2462 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 0.3430 MMK (High: 8.5270 / Low: 8.1840). On the other end, April was the most stable month, with a tight range of 0.0998 MMK (High: 8.6039 / Low: 8.5041).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1373 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 8.5881) against the same month in 2013 (average: 6.9958), the exchange rate shifted by +1.5922 (+22.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5791 | 8.4300 | 8.5130 |
| February | 8.7068 | 8.4927 | 8.6134 |
| March | 8.7218 | 8.4578 | 8.5881 |
| April | 8.6039 | 8.5041 | 8.5693 |
| May | 8.6072 | 8.4867 | 8.5592 |
| June | 8.6458 | 8.4745 | 8.5553 |
| July | 8.6601 | 8.4378 | 8.5214 |
| August | 8.4599 | 8.3181 | 8.3842 |
| September | 8.3200 | 8.1721 | 8.2493 |
| October | 8.2910 | 8.1561 | 8.2271 |
| November | 8.5270 | 8.1840 | 8.3113 |
| December | 8.3534 | 8.1166 | 8.2278 |