YEARLY HIGH
0.0103 CAD
YEARLY LOW
0.0091 CAD
YEARLY AVERAGE
0.0096 CAD

2022 ISK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0103. Conversely, the yearly low was recorded on November 14, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0011 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0096, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0103 was down 0.22% compared to the 2021 peak of 0.0103, 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 51 CAD
2021 Average 49 CAD
Yearly Trough Low 46 CAD
Transaction Impact: A difference of 5.71 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0103
0.0092
JanuMarcMayJulySeptNove

ISK to CAD 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 0.0098, compared to 0.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0004 CAD (High: 0.0100 / Low: 0.0095). On the other end, April was the most stable month, with a tight range of 0.0002 CAD (High: 0.0099 / Low: 0.0097).

March Spread (Volatile) ±0.0004
April 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 February and March, 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 (February 2022: 0.0102) against the same month in 2021 (average: 0.0099), the exchange rate shifted by +0.0003 (+2.81%).

2022 Avg (February) 0.0102
2021 Avg (February) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0100 0.0097 0.0098
February 0.0103 0.0100 0.0102
March 0.0100 0.0095 0.0097
April 0.0099 0.0097 0.0098
May 0.0100 0.0096 0.0098
June 0.0099 0.0096 0.0098
July 0.0097 0.0094 0.0095
August 0.0095 0.0092 0.0093
September 0.0096 0.0092 0.0094
October 0.0096 0.0094 0.0095
November 0.0095 0.0091 0.0093
December 0.0097 0.0095 0.0096