2023 IDR to ISK Historical Review

YEARLY HIGH

0.0096 ISK

YEARLY LOW

0.0086 ISK

YEARLY AVERAGE

0.0091 ISK

2023 IDR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0096. Conversely, the yearly low was recorded on August 30, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0011 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0089, the exchange rate registered a net change of -5.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0096 was up 0.12% compared to the 2022 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 96,293 ISK

2022 Average 91,072 ISK

Yearly Trough Low 85,647 ISK

Transaction Impact: A difference of 10,645.72 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0095

0.0086

JanuMarcMayJulySeptNove

IDR 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 0.0093, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0093

H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 ISK (High: 0.0096 / Low: 0.0091). On the other end, August was the most stable month, with a tight range of 0.0001 ISK (High: 0.0087 / Low: 0.0086).

January Spread (Volatile) ±0.0005

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0094) against the same month in 2022 (average: 0.0090), the exchange rate shifted by +0.0004 (+4.19%).

2023 Avg (January) 0.0094

2022 Avg (January) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0096	0.0091	0.0094
February	0.0096	0.0093	0.0094
March	0.0093	0.0090	0.0091
April	0.0093	0.0091	0.0092
May	0.0095	0.0092	0.0093
June	0.0095	0.0090	0.0092
July	0.0091	0.0087	0.0088
August	0.0087	0.0086	0.0086
September	0.0089	0.0087	0.0088
October	0.0090	0.0087	0.0088
November	0.0092	0.0088	0.0090
December	0.0091	0.0088	0.0089