2023 BMD to ISK Historical Review

YEARLY HIGH

144.8700 ISK

YEARLY LOW

130.3800 ISK

YEARLY AVERAGE

137.9074 ISK

2023 BMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 144.8700. Conversely, the yearly low was recorded on August 30, dropping to 130.3800.

This high-to-low spread represents a total annual volatility of 14.4900 ISK. From a start-to-finish perspective, comparing the January average rate of 142.8985 to the December average rate of 137.8507, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 144.8700 was down 2.53% compared to the 2022 peak of 148.6300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 724,350 ISK

2022 Average 676,491 ISK

Yearly Trough Low 651,900 ISK

Transaction Impact: A difference of 72,450.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

144.1987

130.7089

JanuMarcMayJulySeptNove

BMD 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 139.7842, compared to 136.0305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7537 points.

H1 Avg (Jan–Jun) 139.7842

H2 Avg (Jul–Dec) 136.0305

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 6.8600 ISK (High: 143.8100 / Low: 136.9500). On the other end, August was the most stable month, with a tight range of 2.1400 ISK (High: 132.5200 / Low: 130.3800).

November Spread (Volatile) ±6.8600

August Spread (Stable) ±2.1400

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 5.1617 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.1617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 143.0745) against the same month in 2022 (average: 125.0645), the exchange rate shifted by +18.0101 (+14.40%).

2023 Avg (February) 143.0745

2022 Avg (February) 125.0645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	144.7600	140.9300	142.8985
February	144.8700	139.3900	143.0745
March	142.5600	135.8200	139.9167
April	137.8500	134.9200	136.4947
May	140.8700	135.6200	138.4616
June	141.0700	134.5500	137.8594
July	137.2000	130.4700	132.6977
August	132.5200	130.3800	131.8330
September	137.9200	131.9161	135.3265
October	139.9800	137.0600	138.5976
November	143.8100	136.9500	139.8775
December	139.9800	135.6600	137.8507