2022 ETB to ISK Historical Review

YEARLY HIGH

2.7976 ISK

YEARLY LOW

2.4444 ISK

YEARLY AVERAGE

2.6028 ISK

2022 ETB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2.7976. Conversely, the yearly low was recorded on May 30, dropping to 2.4444.

This high-to-low spread represents a total annual volatility of 0.3532 ISK. From a start-to-finish perspective, comparing the January average rate of 2.6010 to the December average rate of 2.6581, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7976 was down 15.18% compared to the 2021 peak of 3.2984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,988 ISK

2021 Average 14,519 ISK

Yearly Trough Low 12,222 ISK

Transaction Impact: A difference of 1,765.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7499

2.4518

JanuMarcMayJulySeptNove

ETB 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 2.5331, compared to 2.6724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1393 points.

H1 Avg (Jan–Jun) 2.5331

H2 Avg (Jul–Dec) 2.6724

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1638 ISK (High: 2.7976 / Low: 2.6338). On the other end, December was the most stable month, with a tight range of 0.0447 ISK (High: 2.6831 / Low: 2.6384).

November Spread (Volatile) ±0.1638

December Spread (Stable) ±0.0447

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1244 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.7110) against the same month in 2021 (average: 2.7502), the exchange rate shifted by -0.0392 (-1.43%).

2022 Avg (November) 2.7110

2021 Avg (November) 2.7502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6442	2.5626	2.6010
February	2.5533	2.4458	2.4766
March	2.6388	2.4842	2.5477
April	2.5440	2.4762	2.5154
May	2.6033	2.4444	2.5364
June	2.5620	2.4608	2.5217
July	2.6582	2.5606	2.6096
August	2.6947	2.5761	2.6396
September	2.7574	2.6278	2.6913
October	2.7511	2.6767	2.7251
November	2.7976	2.6338	2.7110
December	2.6831	2.6384	2.6581