2014 MXN to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MXN to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MXN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 9.2151. Conversely, the yearly low was recorded on December 13, dropping to 8.3696.
This high-to-low spread represents a total annual volatility of 0.8455 ISK. From a start-to-finish perspective, comparing the January average rate of 8.7682 to the December average rate of 8.6142, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 9.2151 was down 9.60% compared to the 2013 peak of 10.1933, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MXN 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 8.6621, compared to 8.8740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.4742 ISK (High: 8.8438 / Low: 8.3696). On the other end, June was the most stable month, with a tight range of 0.0971 ISK (High: 8.7979 / Low: 8.7008).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4599 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 9.0742) against the same month in 2013 (average: 9.3061), the exchange rate shifted by -0.2319 (-2.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9868 | 8.5672 | 8.7682 |
| February | 8.6988 | 8.5021 | 8.5974 |
| March | 8.6619 | 8.4608 | 8.5493 |
| April | 8.6957 | 8.5513 | 8.5947 |
| May | 8.7985 | 8.5728 | 8.7098 |
| June | 8.7979 | 8.7008 | 8.7533 |
| July | 8.9003 | 8.6832 | 8.7940 |
| August | 8.9367 | 8.6652 | 8.8191 |
| September | 9.0445 | 8.9274 | 8.9870 |
| October | 9.0481 | 8.8712 | 8.9556 |
| November | 9.2151 | 8.8901 | 9.0742 |
| December | 8.8438 | 8.3696 | 8.6142 |