2023 ISK to ALL Historical Review

YEARLY HIGH

0.7769 ALL

YEARLY LOW

0.6682 ALL

YEARLY AVERAGE

0.7295 ALL

2023 ISK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.7769. Conversely, the yearly low was recorded on November 22, dropping to 0.6682.

This high-to-low spread represents a total annual volatility of 0.1086 ALL. From a start-to-finish perspective, comparing the January average rate of 0.7553 to the December average rate of 0.6832, the exchange rate registered a net change of -9.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7769 was down 12.53% compared to the 2022 peak of 0.8882, 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 3,884 ALL

2022 Average 4,183 ALL

Yearly Trough Low 3,341 ALL

Transaction Impact: A difference of 543.24 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7721

0.6751

JanuMarcMayJulySeptNove

ISK to ALL 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 0.7470, compared to 0.7119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0351 points.

H1 Avg (Jan–Jun) 0.7470

H2 Avg (Jul–Dec) 0.7119

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0681 ALL (High: 0.7769 / Low: 0.7088). On the other end, March was the most stable month, with a tight range of 0.0144 ALL (High: 0.7719 / Low: 0.7575).

August Spread (Volatile) ±0.0681

March Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0356 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.7350) against the same month in 2022 (average: 0.8332), the exchange rate shifted by -0.0983 (-11.80%).

2023 Avg (August) 0.7350

2022 Avg (August) 0.8332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7716	0.7438	0.7553
February	0.7671	0.7459	0.7553
March	0.7719	0.7575	0.7640
April	0.7620	0.7361	0.7504
May	0.7495	0.7314	0.7387
June	0.7329	0.7029	0.7185
July	0.7292	0.6826	0.7044
August	0.7769	0.7088	0.7350
September	0.7573	0.7276	0.7398
October	0.7316	0.7110	0.7224
November	0.7166	0.6682	0.6868
December	0.6913	0.6694	0.6832