YEARLY HIGH
0.0172 ISK
YEARLY LOW
0.0137 ISK
YEARLY AVERAGE
0.0154 ISK

2022 GNF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0172. Conversely, the yearly low was recorded on February 8, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0035 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0164, the exchange rate registered a net change of 15.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0172 was up 22.80% compared to the 2021 peak of 0.0140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86 ISK
2021 Average 65 ISK
Yearly Trough Low 68 ISK
Transaction Impact: A difference of 17.58 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0169
0.0136
JanuMarcMayJulySeptNove

GNF 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 0.0145, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0012 ISK (High: 0.0172 / Low: 0.0160). On the other end, January was the most stable month, with a tight range of 0.0004 ISK (High: 0.0144 / Low: 0.0139).

November Spread (Volatile) ±0.0012
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0166) against the same month in 2021 (average: 0.0137), the exchange rate shifted by +0.0029 (+21.09%).

2022 Avg (November) 0.0166
2021 Avg (November) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0144 0.0139 0.0142
February 0.0141 0.0137 0.0139
March 0.0150 0.0142 0.0146
April 0.0149 0.0143 0.0145
May 0.0153 0.0144 0.0148
June 0.0154 0.0144 0.0149
July 0.0160 0.0154 0.0157
August 0.0164 0.0155 0.0160
September 0.0167 0.0159 0.0163
October 0.0168 0.0163 0.0166
November 0.0172 0.0160 0.0166
December 0.0166 0.0161 0.0164