2023 ISK to BBD Historical Review

YEARLY HIGH

0.0153 BBD

YEARLY LOW

0.0138 BBD

YEARLY AVERAGE

0.0145 BBD

2023 ISK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0153. Conversely, the yearly low was recorded on February 21, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0015 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0145, 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 0.0153 was down 4.78% compared to the 2022 peak of 0.0161, 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 77 BBD

2022 Average 74 BBD

Yearly Trough Low 69 BBD

Transaction Impact: A difference of 7.67 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153

0.0139

JanuMarcMayJulySeptNove

ISK to BBD 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 0.0143, compared to 0.0147 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) 0.0143

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0008 BBD (High: 0.0153 / Low: 0.0146). On the other end, August was the most stable month, with a tight range of 0.0002 BBD (High: 0.0153 / Low: 0.0151).

July Spread (Volatile) ±0.0008

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 (August 2023: 0.0152) against the same month in 2022 (average: 0.0144), the exchange rate shifted by +0.0007 (+5.15%).

2023 Avg (August) 0.0152

2022 Avg (August) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0142	0.0138	0.0140
February	0.0143	0.0138	0.0140
March	0.0147	0.0140	0.0143
April	0.0148	0.0145	0.0147
May	0.0147	0.0142	0.0144
June	0.0149	0.0142	0.0145
July	0.0153	0.0146	0.0151
August	0.0153	0.0151	0.0152
September	0.0152	0.0145	0.0148
October	0.0146	0.0143	0.0144
November	0.0146	0.0139	0.0143
December	0.0147	0.0143	0.0145