YEARLY HIGH
0.0065 ISK
YEARLY LOW
0.0057 ISK
YEARLY AVERAGE
0.0061 ISK

2023 STD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0065. Conversely, the yearly low was recorded on July 18, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0007 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0062, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 0.89% compared to the 2022 peak of 0.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 ISK
2022 Average 31 ISK
Yearly Trough Low 29 ISK
Transaction Impact: A difference of 3.69 ISK purely based on transaction execution date.

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0.0063
0.0058
JanuMarcMayJulySeptNove

STD 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 0.0061, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 ISK (High: 0.0065 / Low: 0.0061). On the other end, August was the most stable month, with a tight range of 0.0001 ISK (High: 0.0059 / Low: 0.0059).

November Spread (Volatile) Âą0.0003
August Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0063) against the same month in 2022 (average: 0.0063), the exchange rate shifted by -0.0000 (-0.52%).

2023 Avg (November) 0.0063
2022 Avg (November) 0.0063

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Month High Low Average
January 0.0063 0.0062 0.0063
February 0.0063 0.0061 0.0063
March 0.0062 0.0060 0.0061
April 0.0060 0.0059 0.0060
May 0.0062 0.0059 0.0061
June 0.0062 0.0059 0.0060
July 0.0060 0.0057 0.0058
August 0.0059 0.0059 0.0059
September 0.0062 0.0059 0.0061
October 0.0063 0.0062 0.0062
November 0.0065 0.0061 0.0063
December 0.0063 0.0061 0.0062