2023 CDF to ISK Historical Review

YEARLY HIGH

0.0709 ISK

YEARLY LOW

0.0489 ISK

YEARLY AVERAGE

0.0597 ISK

2023 CDF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0709. Conversely, the yearly low was recorded on December 21, dropping to 0.0489.

This high-to-low spread represents a total annual volatility of 0.0220 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0698 to the December average rate of 0.0506, the exchange rate registered a net change of -27.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0709 was down 2.37% compared to the 2022 peak of 0.0726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 354 ISK

2022 Average 335 ISK

Yearly Trough Low 244 ISK

Transaction Impact: A difference of 109.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0717

0.0487

JanuMarcMayJulySeptNove

CDF 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 0.0657, compared to 0.0537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.0657

H2 Avg (Jul–Dec) 0.0537

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0082 ISK (High: 0.0679 / Low: 0.0596). On the other end, August was the most stable month, with a tight range of 0.0016 ISK (High: 0.0542 / Low: 0.0525).

May Spread (Volatile) ±0.0082

August Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0698) against the same month in 2022 (average: 0.0643), the exchange rate shifted by +0.0054 (+8.44%).

2023 Avg (January) 0.0698

2022 Avg (January) 0.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0709	0.0685	0.0698
February	0.0708	0.0679	0.0694
March	0.0691	0.0657	0.0677
April	0.0671	0.0619	0.0656
May	0.0679	0.0596	0.0635
June	0.0606	0.0565	0.0584
July	0.0566	0.0516	0.0538
August	0.0542	0.0525	0.0532
September	0.0554	0.0532	0.0545
October	0.0565	0.0536	0.0550
November	0.0572	0.0508	0.0550
December	0.0523	0.0489	0.0506