2022 GMD to ISK Historical Review

YEARLY HIGH

2.6332 ISK

YEARLY LOW

2.2686 ISK

YEARLY AVERAGE

2.4439 ISK

2022 GMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.6332. Conversely, the yearly low was recorded on December 8, dropping to 2.2686.

This high-to-low spread represents a total annual volatility of 0.3646 ISK. From a start-to-finish perspective, comparing the January average rate of 2.4428 to the December average rate of 2.2929, the exchange rate registered a net change of -6.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6332 was up 3.73% compared to the 2021 peak of 2.5385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,166 ISK

2021 Average 12,324 ISK

Yearly Trough Low 11,343 ISK

Transaction Impact: A difference of 1,822.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6142

2.2637

JanuMarcMayJulySeptNove

GMD 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 2.4132, compared to 2.4747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 2.4132

H2 Avg (Jul–Dec) 2.4747

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2494 ISK (High: 2.5363 / Low: 2.2869). On the other end, December was the most stable month, with a tight range of 0.0514 ISK (High: 2.3200 / Low: 2.2686).

November Spread (Volatile) ±0.2494

December Spread (Stable) ±0.0514

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.1827 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.5850) against the same month in 2021 (average: 2.4917), the exchange rate shifted by +0.0933 (+3.75%).

2022 Avg (September) 2.5850

2021 Avg (September) 2.4917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4800	2.4096	2.4428
February	2.4013	2.3361	2.3540
March	2.5212	2.3524	2.4349
April	2.4364	2.3741	2.3970
May	2.5112	2.3445	2.4275
June	2.4688	2.3573	2.4230
July	2.5664	2.4685	2.5241
August	2.6105	2.4699	2.5510
September	2.6332	2.5420	2.5850
October	2.6056	2.4458	2.5388
November	2.5363	2.2869	2.3561
December	2.3200	2.2686	2.2929