YEARLY HIGH
65.4756 ISK
YEARLY LOW
58.0969 ISK
YEARLY AVERAGE
61.7619 ISK

2022 FJD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 65.4756. Conversely, the yearly low was recorded on February 15, dropping to 58.0969.

This high-to-low spread represents a total annual volatility of 7.3786 ISK. From a start-to-finish perspective, comparing the January average rate of 60.5539 to the December average rate of 64.4460, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 65.4756 was up 2.50% compared to the 2021 peak of 63.8786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,378 ISK
2021 Average 306,937 ISK
Yearly Trough Low 290,485 ISK
Transaction Impact: A difference of 36,893.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

65.0346
57.9719
JanuMarcMayJulySeptNove

FJD 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 60.4285, compared to 63.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6666 points.

H1 Avg (Jan–Jun) 60.4285
H2 Avg (Jul–Dec) 63.0952

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 3.4183 ISK (High: 63.4916 / Low: 60.0734). On the other end, June was the most stable month, with a tight range of 1.0656 ISK (High: 60.7874 / Low: 59.7218).

March Spread (Volatile) ±3.4183
June Spread (Stable) ±1.0656

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.9934 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 64.1879) against the same month in 2021 (average: 62.2116), the exchange rate shifted by +1.9763 (+3.18%).

2022 Avg (November) 64.1879
2021 Avg (November) 62.2116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.6407 58.9885 60.5539
February 59.6535 58.0969 58.5605
March 63.4916 60.0734 61.9174
April 62.0047 60.0473 61.0853
May 61.0126 59.1829 60.2383
June 60.7874 59.7218 60.2160
July 62.4426 60.5709 61.7268
August 64.6263 61.7980 63.0625
September 64.3279 61.4937 62.7708
October 63.5718 61.7332 62.3770
November 65.4756 63.1140 64.1879
December 64.9724 63.7469 64.4460