YEARLY HIGH
0.0073 EUR
YEARLY LOW
0.0065 EUR
YEARLY AVERAGE
0.0070 EUR

2022 ISK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0073. Conversely, the yearly low was recorded on December 24, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0008 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0066, 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 0.0073 was up 7.07% compared to the 2021 peak of 0.0069, 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 37 EUR
2021 Average 33 EUR
Yearly Trough Low 33 EUR
Transaction Impact: A difference of 4.02 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0073
0.0066
JanuMarcMayJulySeptNove

ISK to EUR 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 0.0071, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0003 EUR (High: 0.0070 / Low: 0.0066). On the other end, July was the most stable month, with a tight range of 0.0001 EUR (High: 0.0072 / Low: 0.0072).

November Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0072) against the same month in 2021 (average: 0.0067), the exchange rate shifted by +0.0005 (+8.13%).

2022 Avg (May) 0.0072
2021 Avg (May) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0068 0.0068
February 0.0071 0.0070 0.0071
March 0.0071 0.0068 0.0070
April 0.0073 0.0070 0.0072
May 0.0073 0.0072 0.0072
June 0.0073 0.0071 0.0072
July 0.0072 0.0072 0.0072
August 0.0072 0.0070 0.0071
September 0.0072 0.0070 0.0071
October 0.0072 0.0070 0.0071
November 0.0070 0.0066 0.0068
December 0.0067 0.0065 0.0066