2022 ISK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ISK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ISK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 73.0857. Conversely, the yearly low was recorded on November 3, dropping to 58.1418.
This high-to-low spread represents a total annual volatility of 14.9438 GNF. From a start-to-finish perspective, comparing the January average rate of 70.5193 to the December average rate of 61.1099, the exchange rate registered a net change of -13.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 73.0857 was down 10.73% compared to the 2021 peak of 81.8721, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ISK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.1112, compared to 61.5595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 4.3707 GNF (High: 69.3835 / Low: 65.0128). On the other end, October was the most stable month, with a tight range of 1.7032 GNF (High: 61.1989 / Low: 59.4957).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.4856 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 72.0856) against the same month in 2021 (average: 79.2926), the exchange rate shifted by -7.2069 (-9.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.8468 | 69.6532 | 70.5193 |
| February | 73.0857 | 70.7405 | 72.0856 |
| March | 70.2281 | 66.8237 | 68.6614 |
| April | 69.7583 | 67.2915 | 68.8184 |
| May | 69.6759 | 65.5369 | 67.4320 |
| June | 69.3835 | 65.0128 | 67.1504 |
| July | 65.0451 | 62.5552 | 63.6648 |
| August | 64.3910 | 61.1054 | 62.7018 |
| September | 62.8034 | 59.7238 | 61.3200 |
| October | 61.1989 | 59.4957 | 60.3285 |
| November | 62.4822 | 58.1418 | 60.2321 |
| December | 62.0128 | 60.2435 | 61.1099 |