2014 ISK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |