YEARLY HIGH
0.0144 BGN
YEARLY LOW
0.0128 BGN
YEARLY AVERAGE
0.0138 BGN

2022 ISK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0144. Conversely, the yearly low was recorded on December 25, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0015 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0134 to the December average rate of 0.0130, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0144 was up 7.25% compared to the 2021 peak of 0.0134, 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 72 BGN
2021 Average 65 BGN
Yearly Trough Low 64 BGN
Transaction Impact: A difference of 7.67 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0142
0.0129
JanuMarcMayJulySeptNove

ISK to BGN 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 0.0138, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0007 BGN (High: 0.0136 / Low: 0.0130). On the other end, July was the most stable month, with a tight range of 0.0002 BGN (High: 0.0142 / Low: 0.0140).

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

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0141) against the same month in 2021 (average: 0.0131), the exchange rate shifted by +0.0011 (+8.14%).

2022 Avg (May) 0.0141
2021 Avg (May) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0136 0.0132 0.0134
February 0.0139 0.0136 0.0138
March 0.0138 0.0134 0.0136
April 0.0142 0.0138 0.0140
May 0.0144 0.0140 0.0141
June 0.0143 0.0140 0.0141
July 0.0142 0.0140 0.0141
August 0.0141 0.0138 0.0139
September 0.0142 0.0137 0.0139
October 0.0140 0.0136 0.0138
November 0.0136 0.0130 0.0133
December 0.0133 0.0128 0.0130