2023 HTG to ISK Historical Review

YEARLY HIGH

1.0828 ISK

YEARLY LOW

0.8678 ISK

YEARLY AVERAGE

0.9763 ISK

2023 HTG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.0828. Conversely, the yearly low was recorded on April 13, dropping to 0.8678.

This high-to-low spread represents a total annual volatility of 0.2150 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9627 to the December average rate of 1.0425, the exchange rate registered a net change of 8.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0828 was down 18.26% compared to the 2022 peak of 1.3247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,414 ISK

2022 Average 5,800 ISK

Yearly Trough Low 4,339 ISK

Transaction Impact: A difference of 1,074.93 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0732

0.8628

JanuMarcMayJulySeptNove

HTG 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 0.9417, compared to 1.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0692 points.

H1 Avg (Jan–Jun) 0.9417

H2 Avg (Jul–Dec) 1.0109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1195 ISK (High: 1.0003 / Low: 0.8808). On the other end, August was the most stable month, with a tight range of 0.0181 ISK (High: 0.9780 / Low: 0.9600).

May Spread (Volatile) ±0.1195

August Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0415 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0557) against the same month in 2022 (average: 1.0668), the exchange rate shifted by -0.0112 (-1.05%).

2023 Avg (November) 1.0557

2022 Avg (November) 1.0668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9809	0.9442	0.9627
February	0.9701	0.9324	0.9527
March	0.9439	0.8762	0.9112
April	0.8947	0.8678	0.8803
May	1.0003	0.8808	0.9532
June	1.0113	0.9681	0.9898
July	0.9906	0.9394	0.9636
August	0.9780	0.9600	0.9686
September	1.0207	0.9728	1.0004
October	1.0503	1.0149	1.0346
November	1.0828	1.0353	1.0557
December	1.0592	1.0234	1.0425