2023 ISK to BZD Historical Review

YEARLY HIGH

0.0155 BZD

YEARLY LOW

0.0139 BZD

YEARLY AVERAGE

0.0146 BZD

2023 ISK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0155. Conversely, the yearly low was recorded on February 19, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0016 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0146, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was down 4.70% compared to the 2022 peak of 0.0162, 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 BZD

2022 Average 75 BZD

Yearly Trough Low 69 BZD

Transaction Impact: A difference of 7.86 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154

0.0140

JanuMarcMayJulySeptNove

ISK to BZD 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 0.0144, compared to 0.0148 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) 0.0144

H2 Avg (Jul–Dec) 0.0148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0008 BZD (High: 0.0155 / Low: 0.0147). On the other end, October was the most stable month, with a tight range of 0.0002 BZD (High: 0.0147 / Low: 0.0144).

July Spread (Volatile) ±0.0008

October 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: 0.0153) against the same month in 2022 (average: 0.0146), the exchange rate shifted by +0.0007 (+5.08%).

2023 Avg (August) 0.0153

2022 Avg (August) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0139	0.0141
February	0.0145	0.0139	0.0141
March	0.0148	0.0141	0.0144
April	0.0149	0.0146	0.0148
May	0.0149	0.0143	0.0146
June	0.0150	0.0143	0.0146
July	0.0155	0.0147	0.0152
August	0.0155	0.0152	0.0153
September	0.0153	0.0146	0.0149
October	0.0147	0.0144	0.0145
November	0.0147	0.0140	0.0144
December	0.0149	0.0144	0.0146