YEARLY HIGH
3.1148 AMD
YEARLY LOW
2.6897 AMD
YEARLY AVERAGE
2.8473 AMD

2023 ISK to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 3.1148. Conversely, the yearly low was recorded on February 24, dropping to 2.6897.

This high-to-low spread represents a total annual volatility of 0.4250 AMD. From a start-to-finish perspective, comparing the January average rate of 2.7681 to the December average rate of 2.9340, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1148 was down 20.67% compared to the 2022 peak of 3.9264, 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 15,574 AMD
2022 Average 16,217 AMD
Yearly Trough Low 13,449 AMD
Transaction Impact: A difference of 2,125.09 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9520
2.7368
JanuMarcMayJulySeptNove

ISK to AMD 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 2.7896, compared to 2.9050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1154 points.

H1 Avg (Jan–Jun) 2.7896
H2 Avg (Jul–Dec) 2.9050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2765 AMD (High: 3.1148 / Low: 2.8383). On the other end, August was the most stable month, with a tight range of 0.0459 AMD (High: 2.9622 / Low: 2.9163).

October Spread (Volatile) ±0.2765
August Spread (Stable) ±0.0459

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0759 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.9152) against the same month in 2022 (average: 2.8046), the exchange rate shifted by +0.1106 (+3.94%).

2023 Avg (October) 2.9152
2022 Avg (October) 2.8046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8095 2.7264 2.7681
February 2.8412 2.6897 2.7547
March 2.8696 2.7310 2.7750
April 2.8934 2.8237 2.8445
May 2.8627 2.7390 2.7924
June 2.8738 2.7270 2.8030
July 2.9939 2.8165 2.9203
August 2.9622 2.9163 2.9314
September 2.9248 2.8060 2.8555
October 3.1148 2.8383 2.9152
November 2.9358 2.8022 2.8733
December 2.9991 2.8832 2.9340