2023 ARS to ISK Historical Review

YEARLY HIGH

0.8090 ISK

YEARLY LOW

0.1677 ISK

YEARLY AVERAGE

0.5300 ISK

2023 ARS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8090. Conversely, the yearly low was recorded on December 31, dropping to 0.1677.

This high-to-low spread represents a total annual volatility of 0.6413 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7852 to the December average rate of 0.2531, the exchange rate registered a net change of -67.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8090 was down 36.24% compared to the 2022 peak of 1.2688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,045 ISK

2022 Average 5,277 ISK

Yearly Trough Low 838 ISK

Transaction Impact: A difference of 3,206.61 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8384

0.1999

JanuMarcMayJulySeptNove

ARS 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 0.6688, compared to 0.3911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2777 points.

H1 Avg (Jan–Jun) 0.6688

H2 Avg (Jul–Dec) 0.3911

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2172 ISK (High: 0.3849 / Low: 0.1677). On the other end, October was the most stable month, with a tight range of 0.0083 ISK (High: 0.3999 / Low: 0.3917).

December Spread (Volatile) ±0.2172

October Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.1429 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7852) against the same month in 2022 (average: 1.2416), the exchange rate shifted by -0.4564 (-36.76%).

2023 Avg (January) 0.7852

2022 Avg (January) 1.2416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8090	0.7548	0.7852
February	0.7587	0.7294	0.7461
March	0.7205	0.6512	0.6911
April	0.6591	0.6087	0.6345
May	0.6139	0.5825	0.6002
June	0.5861	0.5313	0.5559
July	0.5347	0.4767	0.4998
August	0.4767	0.3727	0.4148
September	0.3941	0.3775	0.3868
October	0.3999	0.3917	0.3960
November	0.4110	0.3809	0.3961
December	0.3849	0.1677	0.2531