2023 ISK to BRL Historical Review

YEARLY HIGH

0.0383 BRL

YEARLY LOW

0.0341 BRL

YEARLY AVERAGE

0.0362 BRL

2023 ISK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0383. Conversely, the yearly low was recorded on November 13, dropping to 0.0341.

This high-to-low spread represents a total annual volatility of 0.0042 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0363 to the December average rate of 0.0355, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0383 was down 12.94% compared to the 2022 peak of 0.0440, 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 191 BRL

2022 Average 191 BRL

Yearly Trough Low 171 BRL

Transaction Impact: A difference of 20.86 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0375

0.0348

JanuMarcMayJulySeptNove

ISK to BRL 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 0.0363, compared to 0.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0363

H2 Avg (Jul–Dec) 0.0362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0028 BRL (High: 0.0381 / Low: 0.0353). On the other end, December was the most stable month, with a tight range of 0.0008 BRL (High: 0.0359 / Low: 0.0352).

January Spread (Volatile) ±0.0028

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and August, 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 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0372) against the same month in 2022 (average: 0.0382), the exchange rate shifted by -0.0009 (-2.37%).

2023 Avg (March) 0.0372

2022 Avg (March) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0381	0.0353	0.0363
February	0.0376	0.0357	0.0362
March	0.0383	0.0362	0.0372
April	0.0372	0.0360	0.0367
May	0.0370	0.0352	0.0359
June	0.0360	0.0349	0.0352
July	0.0369	0.0351	0.0362
August	0.0378	0.0364	0.0372
September	0.0375	0.0356	0.0366
October	0.0376	0.0357	0.0365
November	0.0358	0.0341	0.0350
December	0.0359	0.0352	0.0355