2022 BGN to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BGN to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 77.9310. Conversely, the yearly low was recorded on May 31, dropping to 69.6084.
This high-to-low spread represents a total annual volatility of 8.3226 ISK. From a start-to-finish perspective, comparing the January average rate of 74.6538 to the December average rate of 76.9981, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 77.9310 was down 3.00% compared to the 2021 peak of 80.3416, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BGN 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 72.2757, compared to 73.2144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 3.8399 ISK (High: 77.1789 / Low: 73.3391). On the other end, July was the most stable month, with a tight range of 0.8389 ISK (High: 71.4427 / Low: 70.6038).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 76.9981) against the same month in 2021 (average: 75.1621), the exchange rate shifted by +1.8360 (+2.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.6845 | 73.2648 | 74.6538 |
| February | 73.3369 | 72.0519 | 72.5601 |
| March | 74.5922 | 72.3094 | 73.3327 |
| April | 72.6407 | 70.4275 | 71.5070 |
| May | 71.3562 | 69.6084 | 70.7855 |
| June | 71.5514 | 69.9614 | 70.8152 |
| July | 71.4427 | 70.6038 | 71.0698 |
| August | 72.5353 | 70.8367 | 71.7143 |
| September | 72.8543 | 70.6631 | 71.8231 |
| October | 73.3250 | 71.3830 | 72.3774 |
| November | 77.1789 | 73.3391 | 75.3036 |
| December | 77.9310 | 75.3749 | 76.9981 |