YEARLY HIGH
153.0310 ISK
YEARLY LOW
136.2733 ISK
YEARLY AVERAGE
142.2922 ISK

2022 EUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 153.0310. Conversely, the yearly low was recorded on May 31, dropping to 136.2733.

This high-to-low spread represents a total annual volatility of 16.7577 ISK. From a start-to-finish perspective, comparing the January average rate of 146.0305 to the December average rate of 150.7874, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 153.0310 was down 2.56% compared to the 2021 peak of 157.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 765,155 ISK
2021 Average 750,895 ISK
Yearly Trough Low 681,367 ISK
Transaction Impact: A difference of 83,788.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

152.0182
137.2480
JanuMarcMayJulySeptNove

EUR 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 141.3413, compared to 143.2430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9018 points.

H1 Avg (Jan–Jun) 141.3413
H2 Avg (Jul–Dec) 143.2430

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 7.4100 ISK (High: 150.8966 / Low: 143.4866). On the other end, July was the most stable month, with a tight range of 1.6023 ISK (High: 139.7014 / Low: 138.0990).

November Spread (Volatile) ±7.4100
July Spread (Stable) ±1.6023

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.1949 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -4.1949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 150.7874) against the same month in 2021 (average: 147.0821), the exchange rate shifted by +3.7053 (+2.52%).

2022 Avg (December) 150.7874
2021 Avg (December) 147.0821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 147.9839 143.4106 146.0305
February 143.6108 139.9380 141.8356
March 146.0220 141.4096 143.4181
April 142.0948 137.7881 139.7990
May 139.6999 136.2733 138.4855
June 139.9443 136.9117 138.4789
July 139.7014 138.0990 139.0745
August 141.9045 138.7061 140.2672
September 142.4974 138.2369 140.4623
October 143.3059 139.4975 141.5567
November 150.8966 143.4866 147.3102
December 153.0310 148.6725 150.7874