YEARLY HIGH
0.4808 ISK
YEARLY LOW
0.3838 ISK
YEARLY AVERAGE
0.4270 ISK

2015 MRO to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.4808. Conversely, the yearly low was recorded on November 9, dropping to 0.3838.

This high-to-low spread represents a total annual volatility of 0.0970 ISK. From a start-to-finish perspective, comparing the January average rate of 0.4512 to the December average rate of 0.4254, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4808 was up 10.32% compared to the 2014 peak of 0.4358, 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 2,404 ISK
2014 Average 1,997 ISK
Yearly Trough Low 1,919 ISK
Transaction Impact: A difference of 485.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4656
0.4022
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 0.4390, compared to 0.4150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.4390
H2 Avg (Jul–Dec) 0.4150

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0508 ISK (High: 0.4808 / Low: 0.4300). On the other end, February was the most stable month, with a tight range of 0.0069 ISK (High: 0.4570 / Low: 0.4501).

March Spread (Volatile) ±0.0508
February Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0265 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.4603) against the same month in 2014 (average: 0.3858), the exchange rate shifted by +0.0745 (+19.32%).

2015 Avg (March) 0.4603
2014 Avg (March) 0.3858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4636 0.4352 0.4512
February 0.4570 0.4501 0.4530
March 0.4808 0.4300 0.4603
April 0.4426 0.4277 0.4339
May 0.4338 0.4121 0.4225
June 0.4312 0.4033 0.4129
July 0.4185 0.4047 0.4113
August 0.4148 0.4040 0.4108
September 0.4380 0.3996 0.4118
October 0.4379 0.3919 0.4233
November 0.4206 0.3838 0.4075
December 0.4403 0.4146 0.4254