YEARLY HIGH
43.4287 ISK
YEARLY LOW
37.6952 ISK
YEARLY AVERAGE
40.2713 ISK

2022 ILS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 43.4287. Conversely, the yearly low was recorded on June 16, dropping to 37.6952.

This high-to-low spread represents a total annual volatility of 5.7335 ISK. From a start-to-finish perspective, comparing the January average rate of 41.1332 to the December average rate of 41.1774, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 43.4287 was up 1.05% compared to the 2021 peak of 42.9766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,144 ISK
2021 Average 196,579 ISK
Yearly Trough Low 188,476 ISK
Transaction Impact: A difference of 28,667.63 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

42.5079
38.0824
JanuMarcMayJulySeptNove

ILS 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 39.5477, compared to 40.9950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4473 points.

H1 Avg (Jan–Jun) 39.5477
H2 Avg (Jul–Dec) 40.9950

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 3.2090 ISK (High: 43.4287 / Low: 40.2198). On the other end, October was the most stable month, with a tight range of 1.1529 ISK (High: 41.1868 / Low: 40.0339).

August Spread (Volatile) ±3.2090
October Spread (Stable) ±1.1529

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 2.2403 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 42.1391) against the same month in 2021 (average: 39.1250), the exchange rate shifted by +3.0142 (+7.70%).

2022 Avg (August) 42.1391
2021 Avg (August) 39.1250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.3939 40.1686 41.1332
February 40.1809 38.5060 38.8929
March 40.8876 39.6011 40.1861
April 40.3247 39.1118 39.8575
May 39.5346 37.9987 38.7652
June 39.0041 37.6952 38.4512
July 39.9078 37.8239 39.4116
August 43.4287 40.2198 42.1391
September 42.2077 40.0465 41.1095
October 41.1868 40.0339 40.6394
November 42.6465 40.8946 41.4929
December 41.7804 40.1424 41.1774