YEARLY HIGH
37.3185 ISK
YEARLY LOW
34.1696 ISK
YEARLY AVERAGE
35.6501 ISK

2014 MYR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 37.3185. Conversely, the yearly low was recorded on March 10, dropping to 34.1696.

This high-to-low spread represents a total annual volatility of 3.1489 ISK. From a start-to-finish perspective, comparing the January average rate of 35.0529 to the December average rate of 35.9903, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 37.3185 was down 12.56% compared to the 2013 peak of 42.6807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 746,370 ISK
2013 Average 775,976 ISK
Yearly Trough Low 683,393 ISK
Transaction Impact: A difference of 62,977.29 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

37.2261
34.1379
JanuMarcMayJulySeptNove

MYR 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 34.7688, compared to 36.5314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7625 points.

H1 Avg (Jan–Jun) 34.7688
H2 Avg (Jul–Dec) 36.5314

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 1.3713 ISK (High: 35.7425 / Low: 34.3712). On the other end, April was the most stable month, with a tight range of 0.4409 ISK (High: 34.7474 / Low: 34.3064).

January Spread (Volatile) ±1.3713
April Spread (Stable) ±0.4409

Growth Streaks & Declines

Trends

Between 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 0.9473 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.9473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 36.9376) against the same month in 2013 (average: 38.0057), the exchange rate shifted by -1.0681 (-2.81%).

2014 Avg (November) 36.9376
2013 Avg (November) 38.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.7425 34.3712 35.0529
February 34.8701 34.2746 34.5068
March 34.6422 34.1696 34.3952
April 34.7474 34.3064 34.4831
May 35.2617 34.2506 34.8572
June 35.6391 35.0121 35.3179
July 36.3220 35.1060 35.8603
August 37.0781 35.8597 36.4815
September 37.2542 36.7556 36.9688
October 37.2074 36.6042 36.9500
November 37.3185 36.5416 36.9376
December 36.4209 35.3310 35.9903