2015 MVR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MVR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MVR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 9.1678. Conversely, the yearly low was recorded on October 14, dropping to 8.0988.
This high-to-low spread represents a total annual volatility of 1.0690 ISK. From a start-to-finish perspective, comparing the January average rate of 8.6089 to the December average rate of 8.4603, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 9.1678 was up 10.29% compared to the 2014 peak of 8.3125, 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 2015.
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 8.7439, compared to 8.5042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2397 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was January, with a trading range of 0.5317 ISK (High: 8.8601 / Low: 8.3284). On the other end, February was the most stable month, with a tight range of 0.1439 ISK (High: 8.7465 / Low: 8.6026).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.2494 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2015: 8.9723) against the same month in 2014 (average: 7.3251), the exchange rate shifted by +1.6472 (+22.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.8601 | 8.3284 | 8.6089 |
| February | 8.7465 | 8.6026 | 8.6517 |
| March | 9.1678 | 8.7181 | 8.9723 |
| April | 9.0931 | 8.6303 | 8.9142 |
| May | 8.8627 | 8.5432 | 8.6703 |
| June | 8.8610 | 8.5659 | 8.6461 |
| July | 8.9235 | 8.6458 | 8.7606 |
| August | 8.8028 | 8.3496 | 8.6175 |
| September | 8.4723 | 8.2777 | 8.3681 |
| October | 8.4353 | 8.0988 | 8.2603 |
| November | 8.6784 | 8.3741 | 8.5584 |
| December | 8.6238 | 8.3508 | 8.4603 |