2022 BIF to ISK Historical Review

YEARLY HIGH

0.0720 ISK

YEARLY LOW

0.0617 ISK

YEARLY AVERAGE

0.0662 ISK

2022 BIF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0720. Conversely, the yearly low was recorded on February 19, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0103 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0644 to the December average rate of 0.0688, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0720 was up 7.74% compared to the 2021 peak of 0.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360 ISK

2021 Average 322 ISK

Yearly Trough Low 309 ISK

Transaction Impact: A difference of 51.34 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0707

0.0615

JanuMarcMayJulySeptNove

BIF 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 0.0638, compared to 0.0686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0638

H2 Avg (Jul–Dec) 0.0686

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0043 ISK (High: 0.0660 / Low: 0.0618). On the other end, December was the most stable month, with a tight range of 0.0014 ISK (High: 0.0696 / Low: 0.0681).

May Spread (Volatile) ±0.0043

December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0699) against the same month in 2021 (average: 0.0655), the exchange rate shifted by +0.0044 (+6.70%).

2022 Avg (November) 0.0699

2021 Avg (November) 0.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0655	0.0639	0.0644
February	0.0635	0.0617	0.0623
March	0.0667	0.0625	0.0644
April	0.0648	0.0621	0.0636
May	0.0660	0.0618	0.0644
June	0.0650	0.0624	0.0639
July	0.0674	0.0649	0.0663
August	0.0690	0.0658	0.0674
September	0.0706	0.0673	0.0690
October	0.0705	0.0685	0.0699
November	0.0720	0.0680	0.0699
December	0.0696	0.0681	0.0688