YEARLY HIGH
2.6638 MRO
YEARLY LOW
2.2944 MRO
YEARLY AVERAGE
2.5074 MRO

2014 ISK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 2.6638. Conversely, the yearly low was recorded on December 28, dropping to 2.2944.

This high-to-low spread represents a total annual volatility of 0.3694 MRO. From a start-to-finish perspective, comparing the January average rate of 2.5123 to the December average rate of 2.3222, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.6638 was up 4.33% compared to the 2013 peak of 2.5534, 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 13,319 MRO
2013 Average 12,031 MRO
Yearly Trough Low 11,472 MRO
Transaction Impact: A difference of 1,846.90 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.6592
2.2915
JanuMarcMayJulySeptNove

ISK to MRO 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 2.5766, compared to 2.4382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1384 points.

H1 Avg (Jan–Jun) 2.5766
H2 Avg (Jul–Dec) 2.4382

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0831 MRO (High: 2.4123 / Low: 2.3292). On the other end, June was the most stable month, with a tight range of 0.0382 MRO (High: 2.5914 / Low: 2.5532).

November Spread (Volatile) ±0.0831
June Spread (Stable) ±0.0382

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0674 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 2.6285) against the same month in 2013 (average: 2.3011), the exchange rate shifted by +0.3275 (+14.23%).

2014 Avg (April) 2.6285
2013 Avg (April) 2.3011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5309 2.4867 2.5123
February 2.5765 2.5015 2.5460
March 2.6301 2.5608 2.5920
April 2.6638 2.5831 2.6285
May 2.6441 2.5803 2.6087
June 2.5914 2.5532 2.5719
July 2.5869 2.5251 2.5552
August 2.5341 2.4930 2.5193
September 2.4928 2.4100 2.4519
October 2.4422 2.3970 2.4181
November 2.4123 2.3292 2.3624
December 2.3630 2.2944 2.3222