YEARLY HIGH
0.0714 ISK
YEARLY LOW
0.0622 ISK
YEARLY AVERAGE
0.0671 ISK

2015 MNT to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MNT to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0714. Conversely, the yearly low was recorded on October 14, dropping to 0.0622.

This high-to-low spread represents a total annual volatility of 0.0091 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0685 to the December average rate of 0.0650, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0714 was up 1.56% compared to the 2014 peak of 0.0703, 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 357 ISK
2014 Average 323 ISK
Yearly Trough Low 311 ISK
Transaction Impact: A difference of 45.61 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0703
0.0629
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 0.0686, compared to 0.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0686
H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0038 ISK (High: 0.0680 / Low: 0.0643). On the other end, July was the most stable month, with a tight range of 0.0014 ISK (High: 0.0687 / Low: 0.0673).

August Spread (Volatile) ±0.0038
July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 0.0697) against the same month in 2014 (average: 0.0624), the exchange rate shifted by +0.0073 (+11.61%).

2015 Avg (June) 0.0697
2014 Avg (June) 0.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0698 0.0677 0.0685
February 0.0687 0.0669 0.0675
March 0.0705 0.0676 0.0691
April 0.0698 0.0672 0.0689
May 0.0705 0.0669 0.0683
June 0.0714 0.0677 0.0697
July 0.0687 0.0673 0.0679
August 0.0680 0.0643 0.0664
September 0.0651 0.0636 0.0643
October 0.0649 0.0622 0.0635
November 0.0668 0.0644 0.0659
December 0.0666 0.0638 0.0650