YEARLY HIGH
0.1513 ISK
YEARLY LOW
0.1165 ISK
YEARLY AVERAGE
0.1313 ISK

2013 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1513. Conversely, the yearly low was recorded on December 31, dropping to 0.1165.

This high-to-low spread represents a total annual volatility of 0.0348 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1500 to the December average rate of 0.1192, the exchange rate registered a net change of -20.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1513 was down 99.23% compared to the 2012 peak of 19.7281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 756 ISK
2012 Average 25,380 ISK
Yearly Trough Low 582 ISK
Transaction Impact: A difference of 174.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1531
0.1161
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 0.1392, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.1392
H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0096 ISK (High: 0.1410 / Low: 0.1314). On the other end, September was the most stable month, with a tight range of 0.0027 ISK (High: 0.1256 / Low: 0.1229).

April Spread (Volatile) ±0.0096
September Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0082 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.1500) against the same month in 2012 (average: 19.0603), the exchange rate shifted by -18.9103 (-99.21%).

2013 Avg (January) 0.1500
2012 Avg (January) 19.0603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1513 0.1482 0.1500
February 0.1509 0.1459 0.1484
March 0.1456 0.1400 0.1430
April 0.1410 0.1314 0.1348
May 0.1342 0.1296 0.1312
June 0.1305 0.1257 0.1281
July 0.1297 0.1222 0.1251
August 0.1242 0.1213 0.1230
September 0.1256 0.1229 0.1245
October 0.1260 0.1231 0.1243
November 0.1265 0.1215 0.1247
December 0.1221 0.1165 0.1192