YEARLY HIGH
0.1232 ISK
YEARLY LOW
0.1147 ISK
YEARLY AVERAGE
0.1185 ISK

2014 MMK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1232. Conversely, the yearly low was recorded on March 9, dropping to 0.1147.

This high-to-low spread represents a total annual volatility of 0.0085 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1175 to the December average rate of 0.1216, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1232 was down 18.55% compared to the 2013 peak of 0.1513, 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 616 ISK
2013 Average 656 ISK
Yearly Trough Low 573 ISK
Transaction Impact: A difference of 42.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1221
0.1156
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 0.1167, compared to 0.1202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1167
H2 Avg (Jul–Dec) 0.1202

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0049 ISK (High: 0.1222 / Low: 0.1173). On the other end, April was the most stable month, with a tight range of 0.0014 ISK (High: 0.1176 / Low: 0.1162).

November Spread (Volatile) ±0.0049
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0014 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1216) against the same month in 2013 (average: 0.1192), the exchange rate shifted by +0.0024 (+1.99%).

2014 Avg (December) 0.1216
2013 Avg (December) 0.1192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1186 0.1166 0.1175
February 0.1177 0.1149 0.1161
March 0.1182 0.1147 0.1165
April 0.1176 0.1162 0.1167
May 0.1178 0.1162 0.1168
June 0.1180 0.1157 0.1169
July 0.1185 0.1155 0.1174
August 0.1202 0.1182 0.1193
September 0.1224 0.1202 0.1212
October 0.1226 0.1206 0.1216
November 0.1222 0.1173 0.1203
December 0.1232 0.1197 0.1216