2014 QAR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 QAR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 34.9307. Conversely, the yearly low was recorded on April 12, dropping to 30.6939.
This high-to-low spread represents a total annual volatility of 4.2368 ISK. From a start-to-finish perspective, comparing the January average rate of 31.7870 to the December average rate of 34.4047, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 34.9307 was down 1.90% compared to the 2013 peak of 35.6073, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
QAR 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 31.1881, compared to 32.8977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.0791 ISK (High: 33.2113 / Low: 32.1322). On the other end, April was the most stable month, with a tight range of 0.3738 ISK (High: 31.0678 / Low: 30.6939).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 34.4047) against the same month in 2013 (average: 32.2146), the exchange rate shifted by +2.1901 (+6.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.0698 | 31.5656 | 31.7870 |
| February | 31.7871 | 30.9915 | 31.3776 |
| March | 31.2320 | 30.7594 | 30.9869 |
| April | 31.0678 | 30.6939 | 30.8365 |
| May | 31.1412 | 30.7104 | 30.9293 |
| June | 31.3919 | 30.9982 | 31.2116 |
| July | 31.6631 | 30.9370 | 31.3636 |
| August | 32.0892 | 31.5940 | 31.8375 |
| September | 33.2113 | 32.1322 | 32.6610 |
| October | 33.4348 | 32.9630 | 33.1751 |
| November | 34.2575 | 33.4886 | 33.9442 |
| December | 34.9307 | 33.9146 | 34.4047 |