YEARLY HIGH
20.2134 ISK
YEARLY LOW
16.6724 ISK
YEARLY AVERAGE
18.7628 ISK

2010 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 20.2134. Conversely, the yearly low was recorded on November 4, dropping to 16.6724.

This high-to-low spread represents a total annual volatility of 3.5410 ISK. From a start-to-finish perspective, comparing the January average rate of 19.3370 to the December average rate of 17.7876, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 101,067 ISK
Yearly Average 93,814 ISK
Yearly Trough Low 83,362 ISK
Transaction Impact: A difference of 17,704.77 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

20.1511
16.8527
JanuMarcMayJulySeptNove

MMK 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 19.6393, compared to 17.8864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7529 points.

H1 Avg (Jan–Jun) 19.6393
H2 Avg (Jul–Dec) 17.8864

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 1.3496 ISK (High: 18.0220 / Low: 16.6724). On the other end, October was the most stable month, with a tight range of 0.3834 ISK (High: 17.2906 / Low: 16.9073).

November Spread (Volatile) ±1.3496
October Spread (Stable) ±0.3834

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 September and October, when the average rate fell by 0.7826 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7826

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 19.8763.

2010 Avg (May) 19.8763
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.6935 19.0007 19.3370
February 19.8400 19.4493 19.7304
March 19.9446 19.2461 19.5988
April 19.7986 19.2827 19.6024
May 20.2134 19.5743 19.8763
June 20.0886 19.4182 19.6907
July 19.5580 18.4366 18.9251
August 18.6127 17.9670 18.3351
September 18.3795 17.3771 17.9101
October 17.2906 16.9073 17.1275
November 18.0220 16.6724 17.2328
December 18.0632 17.4829 17.7876