YEARLY HIGH
0.4091 ETB
YEARLY LOW
0.3575 ETB
YEARLY AVERAGE
0.3846 ETB

2022 ISK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.4091. Conversely, the yearly low was recorded on November 3, dropping to 0.3575.

This high-to-low spread represents a total annual volatility of 0.0516 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3845 to the December average rate of 0.3762, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4091 was down 76.49% compared to the 2021 peak of 1.7404, 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 2,046 ETB
2021 Average 1,744 ETB
Yearly Trough Low 1,787 ETB
Transaction Impact: A difference of 258.24 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4075
0.3633
JanuMarcMayJulySeptNove

ISK to ETB 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 0.3949, compared to 0.3743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.3949
H2 Avg (Jul–Dec) 0.3743

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0250 ETB (High: 0.4091 / Low: 0.3841). On the other end, December was the most stable month, with a tight range of 0.0063 ETB (High: 0.3790 / Low: 0.3727).

May Spread (Volatile) ±0.0250
December Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.3944) against the same month in 2021 (average: 0.3459), the exchange rate shifted by +0.0484 (+14.00%).

2022 Avg (May) 0.3944
2021 Avg (May) 0.3459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3902 0.3782 0.3845
February 0.4089 0.3917 0.4038
March 0.4025 0.3790 0.3926
April 0.4038 0.3931 0.3976
May 0.4091 0.3841 0.3944
June 0.4064 0.3903 0.3966
July 0.3905 0.3762 0.3832
August 0.3882 0.3711 0.3789
September 0.3805 0.3627 0.3716
October 0.3736 0.3635 0.3670
November 0.3797 0.3575 0.3690
December 0.3790 0.3727 0.3762