YEARLY HIGH
0.0703 ISK
YEARLY LOW
0.0614 ISK
YEARLY AVERAGE
0.0646 ISK

2014 MNT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MNT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0703. Conversely, the yearly low was recorded on August 17, dropping to 0.0614.

This high-to-low spread represents a total annual volatility of 0.0088 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0684 to the December average rate of 0.0667, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0703 was down 25.23% compared to the 2013 peak of 0.0940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 351 ISK
2013 Average 407 ISK
Yearly Trough Low 307 ISK
Transaction Impact: A difference of 44.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0691
0.0616
JanuMarcMayJulySeptNove

MNT 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 0.0645, compared to 0.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0645
H2 Avg (Jul–Dec) 0.0647

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0044 ISK (High: 0.0685 / Low: 0.0640). On the other end, July was the most stable month, with a tight range of 0.0010 ISK (High: 0.0627 / Low: 0.0617).

February Spread (Volatile) ±0.0044
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0684) against the same month in 2013 (average: 0.0928), the exchange rate shifted by -0.0244 (-26.28%).

2014 Avg (January) 0.0684
2013 Avg (January) 0.0928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0703 0.0669 0.0684
February 0.0685 0.0640 0.0659
March 0.0653 0.0635 0.0641
April 0.0640 0.0629 0.0633
May 0.0632 0.0621 0.0625
June 0.0629 0.0618 0.0624
July 0.0627 0.0617 0.0623
August 0.0645 0.0614 0.0625
September 0.0659 0.0645 0.0651
October 0.0662 0.0650 0.0655
November 0.0666 0.0656 0.0660
December 0.0678 0.0654 0.0667