2023 AED to ISK Historical Review

YEARLY HIGH

39.4423 ISK

YEARLY LOW

35.4961 ISK

YEARLY AVERAGE

37.5482 ISK

2023 AED to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 39.4423. Conversely, the yearly low was recorded on August 30, dropping to 35.4961.

This high-to-low spread represents a total annual volatility of 3.9462 ISK. From a start-to-finish perspective, comparing the January average rate of 38.9055 to the December average rate of 37.5356, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.4423 was down 2.53% compared to the 2022 peak of 40.4657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,212 ISK

2022 Average 184,178 ISK

Yearly Trough Low 177,480 ISK

Transaction Impact: A difference of 19,731.03 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.2593

35.5860

JanuMarcMayJulySeptNove

AED 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 38.0603, compared to 37.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0240 points.

H1 Avg (Jan–Jun) 38.0603

H2 Avg (Jul–Dec) 37.0362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8621 ISK (High: 39.1538 / Low: 37.2917). On the other end, August was the most stable month, with a tight range of 0.5831 ISK (High: 36.0792 / Low: 35.4961).

November Spread (Volatile) ±1.8621

August Spread (Stable) ±0.5831

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.4056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 38.9532) against the same month in 2022 (average: 34.0491), the exchange rate shifted by +4.9041 (+14.40%).

2023 Avg (February) 38.9532

2022 Avg (February) 34.0491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.4119	38.3691	38.9055
February	39.4423	37.9504	38.9532
March	38.8135	36.9790	38.0963
April	37.5343	36.7379	37.1678
May	38.3598	36.9305	37.7053
June	38.4079	36.6314	37.5335
July	37.3536	35.5214	36.1278
August	36.0792	35.4961	35.8921
September	37.5495	35.9142	36.8435
October	38.1106	37.3152	37.7339
November	39.1538	37.2917	38.0843
December	38.1168	36.9364	37.5356