YEARLY HIGH
10.2784 ISK
YEARLY LOW
8.4778 ISK
YEARLY AVERAGE
9.5423 ISK

2010 MVR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MVR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 10.2784. Conversely, the yearly low was recorded on November 4, dropping to 8.4778.

This high-to-low spread represents a total annual volatility of 1.8006 ISK. From a start-to-finish perspective, comparing the January average rate of 9.8352 to the December average rate of 9.0471, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 51,392 ISK
Yearly Average 47,711 ISK
Yearly Trough Low 42,389 ISK
Transaction Impact: A difference of 9,002.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

10.2483
8.5710
JanuMarcMayJulySeptNove

MVR 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 9.9883, compared to 9.0963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8920 points.

H1 Avg (Jan–Jun) 9.9883
H2 Avg (Jul–Dec) 9.0963

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.6880 ISK (High: 9.1659 / Low: 8.4778). On the other end, October was the most stable month, with a tight range of 0.1933 ISK (High: 8.7922 / Low: 8.5989).

November Spread (Volatile) ±0.6880
October Spread (Stable) ±0.1933

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.3963 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3963

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 10.1085.

2010 Avg (May) 10.1085
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0179 9.6674 9.8352
February 10.0905 9.8918 10.0353
March 10.1417 9.7865 9.9668
April 10.0675 9.8071 9.9697
May 10.2784 9.9554 10.1085
June 10.2149 9.8760 10.0140
July 9.9452 9.3767 9.6244
August 9.4663 9.1361 9.3251
September 9.3459 8.8361 9.1070
October 8.7922 8.5989 8.7108
November 9.1659 8.4778 8.7634
December 9.1868 8.8899 9.0471