YEARLY HIGH
0.0138 AWG
YEARLY LOW
0.0124 AWG
YEARLY AVERAGE
0.0131 AWG

2023 ISK to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0138. Conversely, the yearly low was recorded on February 16, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0014 AWG. 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 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was down 4.73% 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 AWG
2022 Average 67 AWG
Yearly Trough Low 62 AWG
Transaction Impact: A difference of 6.95 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138
0.0125
JanuMarcMayJulySeptNove

ISK to AWG 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 0.0132 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) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 AWG (High: 0.0138 / Low: 0.0131). On the other end, August was the most stable month, with a tight range of 0.0002 AWG (High: 0.0138 / Low: 0.0136).

July Spread (Volatile) ±0.0007
August 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 (July 2023: 0.0136) against the same month in 2022 (average: 0.0132), the exchange rate shifted by +0.0004 (+3.18%).

2023 Avg (July) 0.0136
2022 Avg (July) 0.0132

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 0.0133 0.0131 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 0.0136 0.0131 0.0133
October 0.0131 0.0129 0.0130
November 0.0131 0.0125 0.0128
December 0.0133 0.0129 0.0131