YEARLY HIGH
38.4278 ISK
YEARLY LOW
34.0784 ISK
YEARLY AVERAGE
36.2125 ISK

2015 QAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 38.4278. Conversely, the yearly low was recorded on October 14, dropping to 34.0784.

This high-to-low spread represents a total annual volatility of 4.3495 ISK. From a start-to-finish perspective, comparing the January average rate of 36.0992 to the December average rate of 35.5972, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 38.4278 was up 10.01% compared to the 2014 peak of 34.9307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,139 ISK
2014 Average 160,235 ISK
Yearly Trough Low 170,392 ISK
Transaction Impact: A difference of 21,747.27 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

37.8801
34.4717
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 36.6674, compared to 35.7576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9098 points.

H1 Avg (Jan–Jun) 36.6674
H2 Avg (Jul–Dec) 35.7576

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 2.0766 ISK (High: 37.1282 / Low: 35.0516). On the other end, February was the most stable month, with a tight range of 0.5942 ISK (High: 36.5797 / Low: 35.9855).

January Spread (Volatile) ±2.0766
February Spread (Stable) ±0.5942

Growth Streaks & Declines

Trends

Between 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 1.0509 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 37.5961) against the same month in 2014 (average: 30.9869), the exchange rate shifted by +6.6092 (+21.33%).

2015 Avg (March) 37.5961
2014 Avg (March) 30.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.1282 35.0516 36.0992
February 36.5797 35.9855 36.2701
March 38.4278 36.5905 37.5961
April 38.0713 36.1710 37.3732
May 37.2068 35.8348 36.3694
June 37.0661 35.9373 36.2964
July 37.3225 36.3463 36.7895
August 37.0128 35.1156 36.2128
September 35.5922 34.7468 35.1620
October 35.5007 34.0784 34.7557
November 36.4670 35.2175 36.0282
December 36.3580 34.9752 35.5972