YEARLY HIGH
20.4875 ISK
YEARLY LOW
18.3175 ISK
YEARLY AVERAGE
19.1238 ISK

2022 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 20.4875. Conversely, the yearly low was recorded on May 31, dropping to 18.3175.

This high-to-low spread represents a total annual volatility of 2.1700 ISK. From a start-to-finish perspective, comparing the January average rate of 19.6240 to the December average rate of 20.2625, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.4875 was down 2.96% compared to the 2021 peak of 21.1128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,437 ISK
2021 Average 100,966 ISK
Yearly Trough Low 91,587 ISK
Transaction Impact: A difference of 10,849.90 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.4274
18.4489
JanuMarcMayJulySeptNove

DKK 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 18.9972, compared to 19.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2532 points.

H1 Avg (Jan–Jun) 18.9972
H2 Avg (Jul–Dec) 19.2504

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.0080 ISK (High: 20.2855 / Low: 19.2775). On the other end, July was the most stable month, with a tight range of 0.2076 ISK (High: 18.7657 / Low: 18.5581).

November Spread (Volatile) ±1.0080
July Spread (Stable) ±0.2076

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 0.5628 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 20.2625) against the same month in 2021 (average: 19.7780), the exchange rate shifted by +0.4845 (+2.45%).

2022 Avg (December) 20.2625
2021 Avg (December) 19.7780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8990 19.2732 19.6240
February 19.3016 18.8065 19.0612
March 19.6195 19.0104 19.2742
April 19.1071 18.5172 18.7954
May 18.7744 18.3175 18.6138
June 18.8074 18.4033 18.6145
July 18.7657 18.5581 18.6873
August 19.0794 18.6310 18.8558
September 19.1623 18.5893 18.8748
October 19.2661 18.7517 19.0284
November 20.2855 19.2775 19.7938
December 20.4875 19.9997 20.2625