YEARLY HIGH
1.3812 ISK
YEARLY LOW
1.2279 ISK
YEARLY AVERAGE
1.2873 ISK

2022 CVE to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.3812. Conversely, the yearly low was recorded on May 30, dropping to 1.2279.

This high-to-low spread represents a total annual volatility of 0.1534 ISK. From a start-to-finish perspective, comparing the January average rate of 1.3203 to the December average rate of 1.3638, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3812 was down 2.67% compared to the 2021 peak of 1.4191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,906 ISK
2021 Average 6,785 ISK
Yearly Trough Low 6,139 ISK
Transaction Impact: A difference of 766.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3750
1.2403
JanuMarcMayJulySeptNove

CVE 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 1.2782, compared to 1.2965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 1.2782
H2 Avg (Jul–Dec) 1.2965

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0999 ISK (High: 1.3424 / Low: 1.2425). On the other end, February was the most stable month, with a tight range of 0.0307 ISK (High: 1.2969 / Low: 1.2662).

September Spread (Volatile) ±0.0999
February Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0390 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.3638) against the same month in 2021 (average: 1.3275), the exchange rate shifted by +0.0362 (+2.73%).

2022 Avg (December) 1.3638
2021 Avg (December) 1.3275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3380 1.2916 1.3203
February 1.2969 1.2662 1.2814
March 1.3217 1.2768 1.2960
April 1.2916 1.2448 1.2671
May 1.2804 1.2279 1.2516
June 1.2797 1.2301 1.2527
July 1.3019 1.2443 1.2684
August 1.2822 1.2464 1.2688
September 1.3424 1.2425 1.2750
October 1.2936 1.2402 1.2765
November 1.3555 1.2982 1.3266
December 1.3812 1.3308 1.3638