YEARLY HIGH
0.4408 GMD
YEARLY LOW
0.3798 GMD
YEARLY AVERAGE
0.4098 GMD

2022 ISK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.4408. Conversely, the yearly low was recorded on September 26, dropping to 0.3798.

This high-to-low spread represents a total annual volatility of 0.0610 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4094 to the December average rate of 0.4362, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4408 was up 3.27% compared to the 2021 peak of 0.4269, 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 2,204 GMD
2021 Average 2,029 GMD
Yearly Trough Low 1,899 GMD
Transaction Impact: A difference of 305.16 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4411
0.3820
JanuMarcMayJulySeptNove

ISK to GMD 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 0.4145, compared to 0.4050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.4145
H2 Avg (Jul–Dec) 0.4050

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0430 GMD (High: 0.4373 / Low: 0.3943). On the other end, December was the most stable month, with a tight range of 0.0098 GMD (High: 0.4408 / Low: 0.4310).

November Spread (Volatile) ±0.0430
December Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.4362) against the same month in 2021 (average: 0.4038), the exchange rate shifted by +0.0324 (+8.02%).

2022 Avg (December) 0.4362
2021 Avg (December) 0.4038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4150 0.4032 0.4094
February 0.4281 0.4164 0.4248
March 0.4251 0.3966 0.4108
April 0.4212 0.4104 0.4172
May 0.4265 0.3982 0.4121
June 0.4242 0.4050 0.4128
July 0.4051 0.3897 0.3962
August 0.4049 0.3831 0.3921
September 0.3934 0.3798 0.3869
October 0.4089 0.3838 0.3940
November 0.4373 0.3943 0.4247
December 0.4408 0.4310 0.4362