YEARLY HIGH
0.1019 ISK
YEARLY LOW
0.0851 ISK
YEARLY AVERAGE
0.0926 ISK

2022 IQD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1019. Conversely, the yearly low was recorded on February 9, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0169 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0884 to the December average rate of 0.0975, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1019 was up 11.95% compared to the 2021 peak of 0.0911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 510 ISK
2021 Average 435 ISK
Yearly Trough Low 425 ISK
Transaction Impact: A difference of 84.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1001
0.0844
JanuMarcMayJulySeptNove

IQD 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 0.0885, compared to 0.0967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.0885
H2 Avg (Jul–Dec) 0.0967

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0055 ISK (High: 0.1019 / Low: 0.0964). On the other end, December was the most stable month, with a tight range of 0.0018 ISK (High: 0.0984 / Low: 0.0966).

November Spread (Volatile) ±0.0055
December Spread (Stable) ±0.0018

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 0.0027 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0988) against the same month in 2021 (average: 0.0895), the exchange rate shifted by +0.0092 (+10.31%).

2022 Avg (November) 0.0988
2021 Avg (November) 0.0895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0896 0.0874 0.0884
February 0.0872 0.0851 0.0857
March 0.0921 0.0872 0.0892
April 0.0899 0.0874 0.0885
May 0.0922 0.0870 0.0897
June 0.0915 0.0874 0.0897
July 0.0951 0.0915 0.0935
August 0.0971 0.0926 0.0949
September 0.0996 0.0948 0.0972
October 0.0998 0.0969 0.0986
November 0.1019 0.0964 0.0988
December 0.0984 0.0966 0.0975