YEARLY HIGH
0.0588 ISK
YEARLY LOW
0.0512 ISK
YEARLY AVERAGE
0.0552 ISK

2013 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0588. Conversely, the yearly low was recorded on December 30, dropping to 0.0512.

This high-to-low spread represents a total annual volatility of 0.0076 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0575 to the December average rate of 0.0521, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0588 was down 4.87% compared to the 2012 peak of 0.0618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294 ISK
2012 Average 286 ISK
Yearly Trough Low 256 ISK
Transaction Impact: A difference of 38.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0586
0.0515
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 0.0561, compared to 0.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0561
H2 Avg (Jul–Dec) 0.0543

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0029 ISK (High: 0.0563 / Low: 0.0533). On the other end, September was the most stable month, with a tight range of 0.0011 ISK (High: 0.0551 / Low: 0.0540).

May Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 0.0580) against the same month in 2012 (average: 0.0568), the exchange rate shifted by +0.0012 (+2.13%).

2013 Avg (February) 0.0580
2012 Avg (February) 0.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0585 0.0566 0.0575
February 0.0588 0.0569 0.0580
March 0.0574 0.0551 0.0562
April 0.0554 0.0533 0.0540
May 0.0563 0.0533 0.0550
June 0.0569 0.0552 0.0558
July 0.0572 0.0544 0.0557
August 0.0553 0.0539 0.0547
September 0.0551 0.0540 0.0546
October 0.0551 0.0538 0.0542
November 0.0553 0.0532 0.0543
December 0.0533 0.0512 0.0521