YEARLY HIGH
0.8220 AFN
YEARLY LOW
0.5910 AFN
YEARLY AVERAGE
0.6680 AFN

2022 ISK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.8220. Conversely, the yearly low was recorded on October 12, dropping to 0.5910.

This high-to-low spread represents a total annual volatility of 0.2310 AFN. From a start-to-finish perspective, comparing the January average rate of 0.8106 to the December average rate of 0.6146, the exchange rate registered a net change of -24.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8220 was down 9.23% compared to the 2021 peak of 0.9056, 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 4,110 AFN
2021 Average 3,283 AFN
Yearly Trough Low 2,955 AFN
Transaction Impact: A difference of 1,155.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8312
0.5837
JanuMarcMayJulySeptNove

ISK to AFN 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 0.7111, compared to 0.6249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0863 points.

H1 Avg (Jan–Jun) 0.7111
H2 Avg (Jul–Dec) 0.6249

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0646 AFN (High: 0.7183 / Low: 0.6537). On the other end, December was the most stable month, with a tight range of 0.0214 AFN (High: 0.6272 / Low: 0.6058).

March Spread (Volatile) ±0.0646
December Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0648 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.8106) against the same month in 2021 (average: 0.6015), the exchange rate shifted by +0.2091 (+34.76%).

2022 Avg (January) 0.8106
2021 Avg (January) 0.6015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8220 0.7944 0.8106
February 0.7877 0.7249 0.7458
March 0.7183 0.6537 0.6811
April 0.6896 0.6517 0.6767
May 0.7011 0.6530 0.6732
June 0.6980 0.6606 0.6795
July 0.6652 0.6343 0.6504
August 0.6685 0.6230 0.6448
September 0.6419 0.6044 0.6247
October 0.6203 0.5910 0.6044
November 0.6341 0.5950 0.6104
December 0.6272 0.6058 0.6146