2023 CRC to ISK Historical Review

YEARLY HIGH

0.2707 ISK

YEARLY LOW

0.2393 ISK

YEARLY AVERAGE

0.2547 ISK

2023 CRC to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.2707. Conversely, the yearly low was recorded on January 1, dropping to 0.2393.

This high-to-low spread represents a total annual volatility of 0.0313 ISK. From a start-to-finish perspective, comparing the January average rate of 0.2487 to the December average rate of 0.2625, the exchange rate registered a net change of 5.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2707 was up 9.78% compared to the 2022 peak of 0.2465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,353 ISK

2022 Average 1,052 ISK

Yearly Trough Low 1,197 ISK

Transaction Impact: A difference of 156.62 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2656

0.2431

JanuMarcMayJulySeptNove

CRC 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 0.2544, compared to 0.2550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2544

H2 Avg (Jul–Dec) 0.2550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0177 ISK (High: 0.2596 / Low: 0.2418). On the other end, December was the most stable month, with a tight range of 0.0053 ISK (High: 0.2654 / Low: 0.2601).

February Spread (Volatile) ±0.0177

December Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2637) against the same month in 2022 (average: 0.2360), the exchange rate shifted by +0.0277 (+11.75%).

2023 Avg (November) 0.2637

2022 Avg (November) 0.2360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2556	0.2393	0.2487
February	0.2596	0.2418	0.2532
March	0.2599	0.2513	0.2565
April	0.2568	0.2510	0.2549
May	0.2632	0.2498	0.2576
June	0.2623	0.2490	0.2553
July	0.2528	0.2401	0.2457
August	0.2483	0.2405	0.2450
September	0.2575	0.2447	0.2527
October	0.2629	0.2572	0.2606
November	0.2707	0.2587	0.2637
December	0.2654	0.2601	0.2625