YEARLY HIGH
0.0035 ISK
YEARLY LOW
0.0029 ISK
YEARLY AVERAGE
0.0032 ISK

2022 IRR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0035. Conversely, the yearly low was recorded on February 15, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0006 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0034, the exchange rate registered a net change of 11.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0035 was up 11.71% compared to the 2021 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 ISK
2021 Average 15 ISK
Yearly Trough Low 15 ISK
Transaction Impact: A difference of 2.88 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0035
0.0029
JanuMarcMayJulySeptNove

IRR 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 0.0031, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0002 ISK (High: 0.0035 / Low: 0.0033). On the other end, January was the most stable month, with a tight range of 0.0001 ISK (High: 0.0031 / Low: 0.0030).

November Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0034) against the same month in 2021 (average: 0.0031), the exchange rate shifted by +0.0003 (+9.95%).

2022 Avg (November) 0.0034
2021 Avg (November) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0030 0.0031
February 0.0030 0.0029 0.0030
March 0.0032 0.0030 0.0031
April 0.0031 0.0030 0.0031
May 0.0032 0.0030 0.0031
June 0.0032 0.0030 0.0031
July 0.0033 0.0032 0.0032
August 0.0034 0.0032 0.0033
September 0.0034 0.0033 0.0033
October 0.0034 0.0033 0.0034
November 0.0035 0.0033 0.0034
December 0.0035 0.0033 0.0034