YEARLY HIGH
0.4358 ISK
YEARLY LOW
0.3754 ISK
YEARLY AVERAGE
0.3994 ISK

2014 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4358. Conversely, the yearly low was recorded on April 13, dropping to 0.3754.

This high-to-low spread represents a total annual volatility of 0.0604 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3980 to the December average rate of 0.4307, the exchange rate registered a net change of 8.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4358 was down 6.40% compared to the 2013 peak of 0.4657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,179 ISK
2013 Average 2,081 ISK
Yearly Trough Low 1,877 ISK
Transaction Impact: A difference of 302.18 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4357
0.3754
JanuMarcMayJulySeptNove

MRO 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 0.3882, compared to 0.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.3882
H2 Avg (Jul–Dec) 0.4106

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0148 ISK (High: 0.4293 / Low: 0.4145). On the other end, June was the most stable month, with a tight range of 0.0058 ISK (High: 0.3917 / Low: 0.3859).

November Spread (Volatile) ±0.0148
June Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and December, 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 February and March, when the average rate fell by 0.0070 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4307) against the same month in 2013 (average: 0.4022), the exchange rate shifted by +0.0284 (+7.07%).

2014 Avg (December) 0.4307
2013 Avg (December) 0.4022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4021 0.3951 0.3980
February 0.3998 0.3881 0.3928
March 0.3905 0.3802 0.3858
April 0.3871 0.3754 0.3805
May 0.3876 0.3782 0.3834
June 0.3917 0.3859 0.3888
July 0.3960 0.3866 0.3914
August 0.4011 0.3946 0.3969
September 0.4149 0.4012 0.4079
October 0.4172 0.4095 0.4136
November 0.4293 0.4145 0.4233
December 0.4358 0.4232 0.4307