2022 ISK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ISK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ISK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 16.2008. Conversely, the yearly low was recorded on November 3, dropping to 13.8901.
This high-to-low spread represents a total annual volatility of 2.3107 BIF. From a start-to-finish perspective, comparing the January average rate of 15.5230 to the December average rate of 14.5261, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 16.2008 was down 1.77% compared to the 2021 peak of 16.4934, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ISK to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.6697, compared to 14.5898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0799 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 1.0522 BIF (High: 16.1926 / Low: 15.1403). On the other end, December was the most stable month, with a tight range of 0.3016 BIF (High: 14.6749 / Low: 14.3733).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5700 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 16.0523) against the same month in 2021 (average: 15.2068), the exchange rate shifted by +0.8455 (+5.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6591 | 15.2761 | 15.5230 |
| February | 16.2008 | 15.7372 | 16.0523 |
| March | 15.9913 | 15.0004 | 15.5384 |
| April | 16.0914 | 15.4323 | 15.7267 |
| May | 16.1926 | 15.1403 | 15.5345 |
| June | 16.0330 | 15.3898 | 15.6433 |
| July | 15.4111 | 14.8399 | 15.0733 |
| August | 15.1871 | 14.4972 | 14.8313 |
| September | 14.8694 | 14.1593 | 14.5045 |
| October | 14.6008 | 14.1776 | 14.3025 |
| November | 14.7109 | 13.8901 | 14.3009 |
| December | 14.6749 | 14.3733 | 14.5261 |