YEARLY HIGH
18.9334 ISK
YEARLY LOW
15.9161 ISK
YEARLY AVERAGE
17.2688 ISK

2022 HKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 18.9334. Conversely, the yearly low was recorded on February 15, dropping to 15.9161.

This high-to-low spread represents a total annual volatility of 3.0174 ISK. From a start-to-finish perspective, comparing the January average rate of 16.5540 to the December average rate of 18.2691, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 18.9334 was up 10.95% compared to the 2021 peak of 17.0644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 473,336 ISK
2021 Average 408,436 ISK
Yearly Trough Low 397,902 ISK
Transaction Impact: A difference of 75,434.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

18.6352
15.7988
JanuMarcMayJulySeptNove

HKD 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 16.5198, compared to 18.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4980 points.

H1 Avg (Jan–Jun) 16.5198
H2 Avg (Jul–Dec) 18.0178

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.9779 ISK (High: 17.1465 / Low: 16.1686). On the other end, December was the most stable month, with a tight range of 0.3189 ISK (High: 18.4313 / Low: 18.1124).

May Spread (Volatile) ±0.9779
December Spread (Stable) ±0.3189

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 0.5189 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 18.3989) against the same month in 2021 (average: 16.7722), the exchange rate shifted by +1.6266 (+9.70%).

2022 Avg (November) 18.3989
2021 Avg (November) 16.7722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7852 16.3787 16.5540
February 16.3441 15.9161 16.0352
March 17.1878 16.2549 16.6575
April 16.7203 16.3333 16.4871
May 17.1465 16.1686 16.6857
June 17.0198 16.2566 16.6996
July 17.6744 17.0155 17.3794
August 18.0633 17.2180 17.6714
September 18.5199 17.6339 18.0535
October 18.5018 18.0881 18.3348
November 18.9334 18.0112 18.3989
December 18.4313 18.1124 18.2691