YEARLY HIGH
0.0640 ISK
YEARLY LOW
0.0539 ISK
YEARLY AVERAGE
0.0583 ISK

2010 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0640. Conversely, the yearly low was recorded on December 28, dropping to 0.0539.

This high-to-low spread represents a total annual volatility of 0.0101 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0621 to the December average rate of 0.0550, the exchange rate registered a net change of -11.51% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 320 ISK
Yearly Average 292 ISK
Yearly Trough Low 269 ISK
Transaction Impact: A difference of 50.73 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0630
0.0542
JanuMarcMayJulySeptNove

MGA to ISK 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 0.0606, compared to 0.0560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0606
H2 Avg (Jul–Dec) 0.0560

Volatility Range Comparison

Volatility

The most volatile month in 2010 was August, with a trading range of 0.0051 ISK (High: 0.0594 / Low: 0.0543). On the other end, October was the most stable month, with a tight range of 0.0014 ISK (High: 0.0565 / Low: 0.0550).

August Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.0623.

2010 Avg (May) 0.0623
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0637 0.0603 0.0621
February 0.0605 0.0584 0.0597
March 0.0617 0.0584 0.0595
April 0.0632 0.0600 0.0614
May 0.0640 0.0605 0.0623
June 0.0605 0.0565 0.0587
July 0.0565 0.0549 0.0559
August 0.0594 0.0543 0.0554
September 0.0591 0.0563 0.0578
October 0.0565 0.0550 0.0558
November 0.0579 0.0551 0.0563
December 0.0577 0.0539 0.0550