2015 MDL to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MDL to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MDL to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 8.3220. Conversely, the yearly low was recorded on October 6, dropping to 6.3084.
This high-to-low spread represents a total annual volatility of 2.0136 ISK. From a start-to-finish perspective, comparing the January average rate of 7.9058 to the December average rate of 6.5731, the exchange rate registered a net change of -16.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 8.3220 was down 7.47% compared to the 2014 peak of 8.9936, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MDL 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 7.4316, compared to 6.6711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7605 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was January, with a trading range of 0.9148 ISK (High: 8.3220 / Low: 7.4072). On the other end, October was the most stable month, with a tight range of 0.1591 ISK (High: 6.4675 / Low: 6.3084).
Growth Streaks & Declines
TrendsBetween February and April, 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 January and February, when the average rate fell by 0.7916 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 7.9058) against the same month in 2014 (average: 8.7841), the exchange rate shifted by -0.8783 (-10.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3220 | 7.4072 | 7.9058 |
| February | 7.3830 | 6.9615 | 7.1142 |
| March | 7.7049 | 7.2206 | 7.4542 |
| April | 7.8088 | 7.2613 | 7.5661 |
| May | 7.5734 | 7.2411 | 7.3966 |
| June | 7.4402 | 6.8485 | 7.1527 |
| July | 7.2029 | 6.9673 | 7.0733 |
| August | 7.1661 | 6.7107 | 6.9461 |
| September | 6.7046 | 6.3364 | 6.5042 |
| October | 6.4675 | 6.3084 | 6.3613 |
| November | 6.6522 | 6.3984 | 6.5685 |
| December | 6.6723 | 6.4534 | 6.5731 |