YEARLY HIGH
0.0293 QAR
YEARLY LOW
0.0260 QAR
YEARLY AVERAGE
0.0276 QAR

2015 ISK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ISK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0293. Conversely, the yearly low was recorded on March 15, dropping to 0.0260.

This high-to-low spread represents a total annual volatility of 0.0033 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0277 to the December average rate of 0.0281, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0293 was down 9.93% compared to the 2014 peak of 0.0326, 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 147 QAR
2014 Average 156 QAR
Yearly Trough Low 130 QAR
Transaction Impact: A difference of 16.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0290
0.0264
JanuMarcMayJulySeptNove

ISK to QAR 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 0.0273, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0273
H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0016 QAR (High: 0.0285 / Low: 0.0269). On the other end, February was the most stable month, with a tight range of 0.0005 QAR (High: 0.0278 / Low: 0.0273).

January Spread (Volatile) ±0.0016
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 0.0288) against the same month in 2014 (average: 0.0301), the exchange rate shifted by -0.0014 (-4.53%).

2015 Avg (October) 0.0288
2014 Avg (October) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0285 0.0269 0.0277
February 0.0278 0.0273 0.0276
March 0.0273 0.0260 0.0266
April 0.0276 0.0263 0.0268
May 0.0279 0.0269 0.0275
June 0.0278 0.0270 0.0276
July 0.0275 0.0268 0.0272
August 0.0285 0.0270 0.0276
September 0.0288 0.0281 0.0284
October 0.0293 0.0282 0.0288
November 0.0284 0.0274 0.0278
December 0.0286 0.0275 0.0281