2023 ISK to AUD Historical Review

YEARLY HIGH

0.0119 AUD

YEARLY LOW

0.0098 AUD

YEARLY AVERAGE

0.0109 AUD

2023 ISK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0119. Conversely, the yearly low was recorded on January 25, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0021 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0108, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was up 4.73% compared to the 2022 peak of 0.0113, 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 59 AUD

2022 Average 53 AUD

Yearly Trough Low 49 AUD

Transaction Impact: A difference of 10.41 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0119

0.0099

JanuMarcMayJulySeptNove

ISK to AUD 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 0.0106, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0106

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 AUD (High: 0.0104 / Low: 0.0098). On the other end, December was the most stable month, with a tight range of 0.0002 AUD (High: 0.0109 / Low: 0.0107).

January Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, 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: 0.0117) against the same month in 2022 (average: 0.0104), the exchange rate shifted by +0.0013 (+12.78%).

2023 Avg (August) 0.0117

2022 Avg (August) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0098	0.0101
February	0.0103	0.0100	0.0102
March	0.0110	0.0104	0.0107
April	0.0112	0.0108	0.0110
May	0.0111	0.0107	0.0109
June	0.0111	0.0106	0.0108
July	0.0114	0.0109	0.0112
August	0.0119	0.0115	0.0117
September	0.0117	0.0113	0.0115
October	0.0115	0.0112	0.0114
November	0.0112	0.0108	0.0110
December	0.0109	0.0107	0.0108