2023 DJF to ISK Historical Review

YEARLY HIGH

0.8167 ISK

YEARLY LOW

0.7332 ISK

YEARLY AVERAGE

0.7755 ISK

2023 DJF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.8167. Conversely, the yearly low was recorded on August 30, dropping to 0.7332.

This high-to-low spread represents a total annual volatility of 0.0836 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8039 to the December average rate of 0.7740, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8167 was down 2.26% compared to the 2022 peak of 0.8356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,084 ISK

2022 Average 3,800 ISK

Yearly Trough Low 3,666 ISK

Transaction Impact: A difference of 417.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8102

0.7347

JanuMarcMayJulySeptNove

DJF 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 0.7862, compared to 0.7648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.7862

H2 Avg (Jul–Dec) 0.7648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0401 ISK (High: 0.8085 / Low: 0.7684). On the other end, August was the most stable month, with a tight range of 0.0125 ISK (High: 0.7457 / Low: 0.7332).

November Spread (Volatile) ±0.0401

August Spread (Stable) ±0.0125

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 0.0277 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8039) against the same month in 2022 (average: 0.7029), the exchange rate shifted by +0.1009 (+14.36%).

2023 Avg (February) 0.8039

2022 Avg (February) 0.7029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8155	0.7919	0.8039
February	0.8167	0.7846	0.8039
March	0.8015	0.7638	0.7876
April	0.7764	0.7586	0.7684
May	0.7920	0.7629	0.7785
June	0.7926	0.7560	0.7746
July	0.7715	0.7337	0.7469
August	0.7457	0.7332	0.7410
September	0.7741	0.7418	0.7602
October	0.7870	0.7723	0.7793
November	0.8085	0.7684	0.7874
December	0.7861	0.7593	0.7740