YEARLY HIGH
106.4221 ISK
YEARLY LOW
92.2862 ISK
YEARLY AVERAGE
98.0661 ISK

2022 BND to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 106.4221. Conversely, the yearly low was recorded on February 15, dropping to 92.2862.

This high-to-low spread represents a total annual volatility of 14.1360 ISK. From a start-to-finish perspective, comparing the January average rate of 95.5146 to the December average rate of 105.2657, the exchange rate registered a net change of 10.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 106.4221 was up 8.43% compared to the 2021 peak of 98.1511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 532,111 ISK
2021 Average 472,538 ISK
Yearly Trough Low 461,431 ISK
Transaction Impact: A difference of 70,679.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

106.5034
91.6504
JanuMarcMayJulySeptNove

BND 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 94.7290, compared to 101.4031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6741 points.

H1 Avg (Jan–Jun) 94.7290
H2 Avg (Jul–Dec) 101.4031

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 4.9186 ISK (High: 98.8711 / Low: 93.9525). On the other end, April was the most stable month, with a tight range of 2.0853 ISK (High: 95.7881 / Low: 93.7028).

March Spread (Volatile) ±4.9186
April Spread (Stable) ±2.0853

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.6265 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.6265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 105.2657) against the same month in 2021 (average: 95.4301), the exchange rate shifted by +9.8356 (+10.31%).

2022 Avg (December) 105.2657
2021 Avg (December) 95.4301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.7041 94.2448 95.5146
February 94.4035 92.2862 92.8881
March 98.8711 93.9525 95.9185
April 95.7881 93.7028 94.6213
May 96.5477 92.5956 94.7562
June 96.1939 92.7407 94.6752
July 98.9170 95.7531 97.8405
August 101.5393 98.0464 100.1452
September 101.9882 98.3624 100.4196
October 102.3124 99.3483 100.9141
November 106.2252 101.6897 103.8338
December 106.4221 104.1935 105.2657