YEARLY HIGH
0.0516 ISK
YEARLY LOW
0.0443 ISK
YEARLY AVERAGE
0.0473 ISK

2014 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0516. Conversely, the yearly low was recorded on October 20, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0073 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0511 to the December average rate of 0.0482, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0516 was down 12.27% compared to the 2013 peak of 0.0588, 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 258 ISK
2013 Average 276 ISK
Yearly Trough Low 222 ISK
Transaction Impact: A difference of 36.26 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0517
0.0441
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 0.0484, compared to 0.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0484
H2 Avg (Jul–Dec) 0.0461

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0029 ISK (High: 0.0493 / Low: 0.0464). On the other end, March was the most stable month, with a tight range of 0.0008 ISK (High: 0.0484 / Low: 0.0477).

December Spread (Volatile) ±0.0029
March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between October and December, 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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0511) against the same month in 2013 (average: 0.0575), the exchange rate shifted by -0.0064 (-11.18%).

2014 Avg (January) 0.0511
2013 Avg (January) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0516 0.0503 0.0511
February 0.0502 0.0482 0.0492
March 0.0484 0.0477 0.0481
April 0.0483 0.0470 0.0476
May 0.0478 0.0470 0.0474
June 0.0479 0.0467 0.0473
July 0.0470 0.0460 0.0465
August 0.0468 0.0455 0.0460
September 0.0466 0.0453 0.0457
October 0.0455 0.0443 0.0448
November 0.0462 0.0452 0.0456
December 0.0493 0.0464 0.0482