2014 PEN to ISK Historical Review

YEARLY HIGH

42.7750 ISK

YEARLY LOW

39.8396 ISK

YEARLY AVERAGE

41.0881 ISK

2014 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 42.7750. Conversely, the yearly low was recorded on May 5, dropping to 39.8396.

This high-to-low spread represents a total annual volatility of 2.9353 ISK. From a start-to-finish perspective, comparing the January average rate of 41.2000 to the December average rate of 42.2871, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 42.7750 was down 15.88% compared to the 2013 peak of 50.8497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,875 ISK

2013 Average 226,294 ISK

Yearly Trough Low 199,198 ISK

Transaction Impact: A difference of 14,676.56 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

42.4952

39.9982

JanuMarcMayJulySeptNove

PEN 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 40.5427, compared to 41.6336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0909 points.

H1 Avg (Jan–Jun) 40.5427

H2 Avg (Jul–Dec) 41.6336

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.1654 ISK (High: 42.7750 / Low: 41.6096). On the other end, March was the most stable month, with a tight range of 0.4737 ISK (High: 40.4372 / Low: 39.9635).

December Spread (Volatile) ±1.1654

March Spread (Stable) ±0.4737

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5987 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.5987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 42.2871) against the same month in 2013 (average: 42.0973), the exchange rate shifted by +0.1899 (+0.45%).

2014 Avg (December) 42.2871

2013 Avg (December) 42.0973

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.7325	40.7100	41.2000
February	41.0179	40.2774	40.6013
March	40.4372	39.9635	40.2063
April	40.4336	39.9250	40.2145
May	40.8556	39.8396	40.3546
June	40.9171	40.3602	40.6794
July	41.3560	40.2684	40.9846
August	41.5463	40.9473	41.1931
September	41.8348	41.0204	41.4989
October	41.9072	41.3151	41.5773
November	42.6820	41.7398	42.2603
December	42.7750	41.6096	42.2871