2014 MAD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MAD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 14.2256. Conversely, the yearly low was recorded on July 3, dropping to 13.6966.
This high-to-low spread represents a total annual volatility of 0.5289 ISK. From a start-to-finish perspective, comparing the January average rate of 14.0604 to the December average rate of 14.0150, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 14.2256 was down 8.25% compared to the 2013 peak of 15.5054, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MAD to ISK 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 13.8640, compared to 13.8707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 0.3020 ISK (High: 14.1229 / Low: 13.8209). On the other end, April was the most stable month, with a tight range of 0.0900 ISK (High: 13.8362 / Low: 13.7462).
Growth Streaks & Declines
TrendsBetween May and August, 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 January and February, when the average rate fell by 0.1522 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 14.0604) against the same month in 2013 (average: 15.3075), the exchange rate shifted by -1.2472 (-8.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.2256 | 13.9590 | 14.0604 |
| February | 14.0105 | 13.8336 | 13.9082 |
| March | 13.9642 | 13.7869 | 13.8741 |
| April | 13.8362 | 13.7462 | 13.7995 |
| May | 13.8413 | 13.7081 | 13.7646 |
| June | 13.8103 | 13.7138 | 13.7772 |
| July | 13.8665 | 13.6966 | 13.7944 |
| August | 13.8872 | 13.7726 | 13.8230 |
| September | 13.8770 | 13.7244 | 13.8032 |
| October | 13.9067 | 13.7411 | 13.8192 |
| November | 14.1229 | 13.8209 | 13.9695 |
| December | 14.1095 | 13.9434 | 14.0150 |