YEARLY HIGH
1.8055 ISK
YEARLY LOW
1.6360 ISK
YEARLY AVERAGE
1.7203 ISK

2022 INR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the INR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 1.8055. Conversely, the yearly low was recorded on May 31, dropping to 1.6360.

This high-to-low spread represents a total annual volatility of 0.1695 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7325 to the December average rate of 1.7261, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.8055 was up 1.15% compared to the 2021 peak of 1.7850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 451,368 ISK
2021 Average 429,457 ISK
Yearly Trough Low 409,003 ISK
Transaction Impact: A difference of 42,365.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.7763
1.6581
JanuMarcMayJulySeptNove

INR 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 1.6965, compared to 1.7441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 1.6965
H2 Avg (Jul–Dec) 1.7441

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1020 ISK (High: 1.7380 / Low: 1.6360). On the other end, April was the most stable month, with a tight range of 0.0334 ISK (High: 1.7130 / Low: 1.6797).

May Spread (Volatile) ±0.1020
April Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0646 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.7664) against the same month in 2021 (average: 1.7544), the exchange rate shifted by +0.0120 (+0.68%).

2022 Avg (November) 1.7664
2021 Avg (November) 1.7544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7553 1.7129 1.7325
February 1.7043 1.6450 1.6679
March 1.7434 1.6779 1.7093
April 1.7130 1.6797 1.6967
May 1.7380 1.6360 1.6938
June 1.7016 1.6481 1.6788
July 1.7422 1.6912 1.7154
August 1.7746 1.7050 1.7423
September 1.7895 1.7334 1.7664
October 1.7707 1.7303 1.7482
November 1.8055 1.7238 1.7664
December 1.7432 1.7096 1.7261