2022 FKP to ISK Historical Review

YEARLY HIGH

176.9955 ISK

YEARLY LOW

155.2126 ISK

YEARLY AVERAGE

166.9007 ISK

2022 FKP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 176.9955. Conversely, the yearly low was recorded on September 26, dropping to 155.2126.

This high-to-low spread represents a total annual volatility of 21.7829 ISK. From a start-to-finish perspective, comparing the January average rate of 174.8404 to the December average rate of 173.2284, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 176.9955 was down 1.74% compared to the 2021 peak of 180.1329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 884,977 ISK

2021 Average 873,209 ISK

Yearly Trough Low 776,063 ISK

Transaction Impact: A difference of 108,914.30 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

176.2719

159.0938

JanuMarcMayJulySeptNove

FKP 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 167.8988, compared to 165.9027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9961 points.

H1 Avg (Jan–Jun) 167.8988

H2 Avg (Jul–Dec) 165.9027

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 10.4074 ISK (High: 165.6200 / Low: 155.2126). On the other end, August was the most stable month, with a tight range of 3.1604 ISK (High: 166.8747 / Low: 163.7143).

September Spread (Volatile) ±10.4074

August Spread (Stable) ±3.1604

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 5.5944 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.5944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 174.8404) against the same month in 2021 (average: 175.3786), the exchange rate shifted by -0.5381 (-0.31%).

2022 Avg (January) 174.8404

2021 Avg (January) 175.3786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	176.9955	171.7054	174.8404
February	172.2949	167.3715	169.2460
March	176.2194	167.1468	171.5581
April	169.6363	163.5400	167.2965
May	164.3900	160.0830	163.0381
June	163.4487	158.4701	161.4133
July	165.5281	161.3771	163.8282
August	166.8747	163.7143	165.8277
September	165.6200	155.2126	160.5253
October	167.0021	159.0608	162.5834
November	173.3550	165.8162	169.4232
December	175.5266	171.2472	173.2284