YEARLY HIGH
0.0296 AED
YEARLY LOW
0.0247 AED
YEARLY AVERAGE
0.0272 AED

2022 ISK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0296. Conversely, the yearly low was recorded on November 3, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0049 AED. From a start-to-finish perspective, comparing the January average rate of 0.0285 to the December average rate of 0.0258, the exchange rate registered a net change of -9.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0296 was down 3.48% compared to the 2021 peak of 0.0307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 AED
2021 Average 145 AED
Yearly Trough Low 124 AED
Transaction Impact: A difference of 24.37 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0298
0.0251
JanuMarcMayJulySeptNove

ISK to AED 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 0.0284, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0284
H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0017 AED (High: 0.0289 / Low: 0.0273). On the other end, December was the most stable month, with a tight range of 0.0005 AED (High: 0.0260 / Low: 0.0256).

May Spread (Volatile) ±0.0017
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0294) against the same month in 2021 (average: 0.0286), the exchange rate shifted by +0.0007 (+2.57%).

2022 Avg (February) 0.0294
2021 Avg (February) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0288 0.0281 0.0285
February 0.0296 0.0288 0.0294
March 0.0289 0.0273 0.0282
April 0.0287 0.0280 0.0284
May 0.0289 0.0273 0.0281
June 0.0288 0.0275 0.0280
July 0.0275 0.0265 0.0269
August 0.0272 0.0259 0.0265
September 0.0265 0.0253 0.0259
October 0.0259 0.0253 0.0255
November 0.0261 0.0247 0.0255
December 0.0260 0.0256 0.0258