2023 ISK to CHF Historical Review

YEARLY HIGH

0.0067 CHF

YEARLY LOW

0.0062 CHF

YEARLY AVERAGE

0.0065 CHF

2023 ISK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.0067. Conversely, the yearly low was recorded on December 30, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0006 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0063, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0067 was down 11.03% compared to the 2022 peak of 0.0076, 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 34 CHF

2022 Average 35 CHF

Yearly Trough Low 31 CHF

Transaction Impact: A difference of 2.78 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067

0.0062

JanuMarcMayJulySeptNove

ISK to CHF 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 0.0065, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 CHF (High: 0.0067 / Low: 0.0065). On the other end, July was the most stable month, with a tight range of 0.0001 CHF (High: 0.0066 / Low: 0.0065).

March Spread (Volatile) ±0.0003

July Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0067) against the same month in 2022 (average: 0.0069), the exchange rate shifted by -0.0002 (-3.52%).

2023 Avg (August) 0.0067

2022 Avg (August) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0064	0.0065
February	0.0066	0.0064	0.0065
March	0.0067	0.0065	0.0066
April	0.0067	0.0065	0.0066
May	0.0066	0.0064	0.0065
June	0.0066	0.0064	0.0065
July	0.0066	0.0065	0.0066
August	0.0067	0.0066	0.0067
September	0.0067	0.0066	0.0066
October	0.0066	0.0064	0.0065
November	0.0065	0.0063	0.0064
December	0.0063	0.0062	0.0063