YEARLY HIGH
21.2600 ISK
YEARLY LOW
19.0261 ISK
YEARLY AVERAGE
20.0987 ISK

2022 CNY to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CNY to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 21.2600. Conversely, the yearly low was recorded on May 31, dropping to 19.0261.

This high-to-low spread represents a total annual volatility of 2.2339 ISK. From a start-to-finish perspective, comparing the January average rate of 20.2955 to the December average rate of 20.4065, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.2600 was up 2.26% compared to the 2021 peak of 20.7897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 531,499 ISK
2021 Average 492,101 ISK
Yearly Trough Low 475,652 ISK
Transaction Impact: A difference of 55,847.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.6367
19.4517
JanuMarcMayJulySeptNove

CNY 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 19.9646, compared to 20.2328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2682 points.

H1 Avg (Jan–Jun) 19.9646
H2 Avg (Jul–Dec) 20.2328

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.2165 ISK (High: 21.2600 / Low: 20.0435). On the other end, December was the most stable month, with a tight range of 0.4876 ISK (High: 20.5713 / Low: 20.0837).

March Spread (Volatile) ±1.2165
December Spread (Stable) ±0.4876

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.5766 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 20.5379) against the same month in 2021 (average: 19.5509), the exchange rate shifted by +0.9870 (+5.05%).

2022 Avg (March) 20.5379
2021 Avg (March) 19.5509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.5844 20.0770 20.2955
February 20.0399 19.5115 19.7189
March 21.2600 20.0435 20.5379
April 20.4548 19.7259 20.1109
May 19.8320 19.0261 19.5504
June 19.9290 19.1478 19.5739
July 20.6109 19.9239 20.2594
August 20.6074 19.9681 20.3874
September 20.6530 19.7884 20.2200
October 20.2825 19.6375 20.0184
November 20.6701 19.6282 20.1052
December 20.5713 20.0837 20.4065