2013 MVR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 MVR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the MVR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 8.4281. Conversely, the yearly low was recorded on December 31, dropping to 7.4850.
This high-to-low spread represents a total annual volatility of 0.9432 ISK. From a start-to-finish perspective, comparing the January average rate of 8.3342 to the December average rate of 7.6258, the exchange rate registered a net change of -8.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 8.4281 was down 9.08% compared to the 2012 peak of 9.2695, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.0467, compared to 7.8322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2145 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 0.5548 ISK (High: 8.0967 / Low: 7.5419). On the other end, October was the most stable month, with a tight range of 0.1260 ISK (High: 7.9215 / Low: 7.7954).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3777 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 8.2900) against the same month in 2012 (average: 8.7531), the exchange rate shifted by -0.4632 (-5.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3947 | 8.2356 | 8.3342 |
| February | 8.4281 | 8.1612 | 8.2900 |
| March | 8.2284 | 8.0571 | 8.1152 |
| April | 8.0699 | 7.5708 | 7.7375 |
| May | 8.0967 | 7.5419 | 7.8659 |
| June | 8.0986 | 7.8111 | 7.9376 |
| July | 8.2612 | 7.7579 | 7.9799 |
| August | 7.8416 | 7.6728 | 7.7797 |
| September | 7.9381 | 7.7803 | 7.8613 |
| October | 7.9215 | 7.7954 | 7.8461 |
| November | 7.9933 | 7.7889 | 7.9003 |
| December | 7.8033 | 7.4850 | 7.6258 |