YEARLY HIGH
0.0138 ANG
YEARLY LOW
0.0124 ANG
YEARLY AVERAGE
0.0131 ANG

2023 ISK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0138. Conversely, the yearly low was recorded on February 19, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0014 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0131, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was down 4.71% compared to the 2022 peak of 0.0145, 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 69 ANG
2022 Average 67 ANG
Yearly Trough Low 62 ANG
Transaction Impact: A difference of 7.02 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138
0.0125
JanuMarcMayJulySeptNove

ISK to ANG 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 0.0129, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 ANG (High: 0.0138 / Low: 0.0131). On the other end, October was the most stable month, with a tight range of 0.0002 ANG (High: 0.0131 / Low: 0.0129).

July Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0137) against the same month in 2022 (average: 0.0130), the exchange rate shifted by +0.0007 (+5.07%).

2023 Avg (August) 0.0137
2022 Avg (August) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0125 0.0126
February 0.0129 0.0124 0.0126
March 0.0133 0.0126 0.0129
April 0.0134 0.0130 0.0132
May 0.0133 0.0128 0.0130
June 0.0134 0.0128 0.0131
July 0.0138 0.0131 0.0136
August 0.0138 0.0136 0.0137
September 0.0137 0.0131 0.0133
October 0.0131 0.0129 0.0130
November 0.0132 0.0125 0.0129
December 0.0134 0.0129 0.0131