2015 MAD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MAD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 14.1065. Conversely, the yearly low was recorded on December 14, dropping to 12.9319.
This high-to-low spread represents a total annual volatility of 1.1745 ISK. From a start-to-finish perspective, comparing the January average rate of 14.0341 to the December average rate of 13.1002, the exchange rate registered a net change of -6.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 14.1065 was down 0.84% compared to the 2014 peak of 14.2256, 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 2015.
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 13.7793, compared to 13.2753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5040 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was August, with a trading range of 0.3859 ISK (High: 13.7044 / Low: 13.3185). On the other end, February was the most stable month, with a tight range of 0.1038 ISK (High: 13.9017 / Low: 13.7979).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3294 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 14.0341) against the same month in 2014 (average: 14.0604), the exchange rate shifted by -0.0263 (-0.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1065 | 13.9057 | 14.0341 |
| February | 13.9017 | 13.7979 | 13.8415 |
| March | 13.9034 | 13.7695 | 13.8320 |
| April | 13.8251 | 13.5448 | 13.7175 |
| May | 13.7327 | 13.5091 | 13.6103 |
| June | 13.7070 | 13.5612 | 13.6404 |
| July | 13.7221 | 13.5733 | 13.6543 |
| August | 13.7044 | 13.3185 | 13.5268 |
| September | 13.2922 | 13.0990 | 13.1975 |
| October | 13.1065 | 12.9401 | 13.0283 |
| November | 13.2065 | 13.0467 | 13.1446 |
| December | 13.1750 | 12.9319 | 13.1002 |