YEARLY HIGH
0.0522 ISK
YEARLY LOW
0.0388 ISK
YEARLY AVERAGE
0.0427 ISK

2015 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0522. Conversely, the yearly low was recorded on August 25, dropping to 0.0388.

This high-to-low spread represents a total annual volatility of 0.0134 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0494 to the December average rate of 0.0404, the exchange rate registered a net change of -18.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0522 was up 1.21% compared to the 2014 peak of 0.0516, 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 261 ISK
2014 Average 236 ISK
Yearly Trough Low 194 ISK
Transaction Impact: A difference of 66.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0503
0.0388
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 0.0451, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0451
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0047 ISK (High: 0.0522 / Low: 0.0475). On the other end, December was the most stable month, with a tight range of 0.0009 ISK (High: 0.0408 / Low: 0.0399).

January Spread (Volatile) ±0.0047
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and October, 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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0494) against the same month in 2014 (average: 0.0511), the exchange rate shifted by -0.0017 (-3.35%).

2015 Avg (January) 0.0494
2014 Avg (January) 0.0511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0522 0.0475 0.0494
February 0.0475 0.0462 0.0468
March 0.0471 0.0446 0.0461
April 0.0457 0.0428 0.0443
May 0.0441 0.0419 0.0426
June 0.0440 0.0408 0.0416
July 0.0417 0.0397 0.0408
August 0.0408 0.0388 0.0398
September 0.0413 0.0390 0.0404
October 0.0424 0.0392 0.0404
November 0.0407 0.0394 0.0400
December 0.0408 0.0399 0.0404