2022 BOB to ISK Historical Review

YEARLY HIGH

21.5480 ISK

YEARLY LOW

18.0336 ISK

YEARLY AVERAGE

19.6177 ISK

2022 BOB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 21.5480. Conversely, the yearly low was recorded on February 9, dropping to 18.0336.

This high-to-low spread represents a total annual volatility of 3.5144 ISK. From a start-to-finish perspective, comparing the January average rate of 18.7225 to the December average rate of 20.5859, the exchange rate registered a net change of 9.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.5480 was up 11.81% compared to the 2021 peak of 19.2713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,740 ISK

2021 Average 91,978 ISK

Yearly Trough Low 90,168 ISK

Transaction Impact: A difference of 17,572.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.1354

17.9038

JanuMarcMayJulySeptNove

BOB 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 18.7822, compared to 20.4533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6711 points.

H1 Avg (Jan–Jun) 18.7822

H2 Avg (Jul–Dec) 20.4533

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.1847 ISK (High: 21.5480 / Low: 20.3634). On the other end, December was the most stable month, with a tight range of 0.3922 ISK (High: 20.7986 / Low: 20.4063).

November Spread (Volatile) ±1.1847

December Spread (Stable) ±0.3922

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 0.5494 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 20.8661) against the same month in 2021 (average: 18.9366), the exchange rate shifted by +1.9295 (+10.19%).

2022 Avg (November) 20.8661

2021 Avg (November) 18.9366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9807	18.5192	18.7225
February	18.5000	18.0336	18.1731
March	19.5540	18.5066	18.9455
April	19.0991	18.5569	18.7718
May	19.5837	18.4125	19.0485
June	19.4345	18.5182	19.0317
July	20.1494	19.4234	19.8416
August	20.5043	19.6486	20.0837
September	21.0354	20.0393	20.5180
October	21.0873	20.4775	20.8244
November	21.5480	20.3634	20.8661
December	20.7986	20.4063	20.5859