YEARLY HIGH
0.0546 DKK
YEARLY LOW
0.0488 DKK
YEARLY AVERAGE
0.0523 DKK

2022 ISK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0546. Conversely, the yearly low was recorded on December 25, dropping to 0.0488.

This high-to-low spread represents a total annual volatility of 0.0058 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0494, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0546 was up 7.10% compared to the 2021 peak of 0.0510, 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 273 DKK
2021 Average 248 DKK
Yearly Trough Low 244 DKK
Transaction Impact: A difference of 28.91 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0542
0.0489
JanuMarcMayJulySeptNove

ISK to DKK 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 0.0527, compared to 0.0520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0527
H2 Avg (Jul–Dec) 0.0520

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0026 DKK (High: 0.0519 / Low: 0.0493). On the other end, July was the most stable month, with a tight range of 0.0006 DKK (High: 0.0539 / Low: 0.0533).

November Spread (Volatile) ±0.0026
July Spread (Stable) ±0.0006

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 October and November, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0537) against the same month in 2021 (average: 0.0497), the exchange rate shifted by +0.0041 (+8.18%).

2022 Avg (May) 0.0537
2021 Avg (May) 0.0497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0519 0.0503 0.0510
February 0.0532 0.0518 0.0525
March 0.0526 0.0510 0.0519
April 0.0540 0.0523 0.0532
May 0.0546 0.0533 0.0537
June 0.0543 0.0532 0.0537
July 0.0539 0.0533 0.0535
August 0.0537 0.0524 0.0530
September 0.0538 0.0522 0.0530
October 0.0533 0.0519 0.0526
November 0.0519 0.0493 0.0505
December 0.0500 0.0488 0.0494