YEARLY HIGH
16.2736 MNT
YEARLY LOW
14.2339 MNT
YEARLY AVERAGE
15.5030 MNT

2014 ISK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 16.2736. Conversely, the yearly low was recorded on January 2, dropping to 14.2339.

This high-to-low spread represents a total annual volatility of 2.0396 MNT. From a start-to-finish perspective, comparing the January average rate of 14.6137 to the December average rate of 15.0031, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.2736 was up 12.18% compared to the 2013 peak of 14.5064, 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 81,368 MNT
2013 Average 62,064 MNT
Yearly Trough Low 71,170 MNT
Transaction Impact: A difference of 10,198.12 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

16.2096
14.4686
JanuMarcMayJulySeptNove

ISK to MNT 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 15.5325, compared to 15.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0591 points.

H1 Avg (Jan–Jun) 15.5325
H2 Avg (Jul–Dec) 15.4734

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.0058 MNT (High: 15.6147 / Low: 14.6089). On the other end, November was the most stable month, with a tight range of 0.2249 MNT (High: 15.2467 / Low: 15.0218).

February Spread (Volatile) ±1.0058
November Spread (Stable) ±0.2249

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6326 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.6326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 15.9960) against the same month in 2013 (average: 13.0036), the exchange rate shifted by +2.9923 (+23.01%).

2014 Avg (August) 15.9960
2013 Avg (August) 13.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9383 14.2339 14.6137
February 15.6147 14.6089 15.1896
March 15.7423 15.3252 15.5923
April 15.8895 15.6306 15.7945
May 16.1040 15.8326 15.9893
June 16.1690 15.9032 16.0158
July 16.2041 15.9527 16.0645
August 16.2736 15.5142 15.9960
September 15.5158 15.1658 15.3634
October 15.3733 15.1041 15.2629
November 15.2467 15.0218 15.1505
December 15.3021 14.7577 15.0031