2023 ISK to GYD Historical Review

YEARLY HIGH

1.6110 GYD

YEARLY LOW

1.4469 GYD

YEARLY AVERAGE

1.5248 GYD

2023 ISK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.6110. Conversely, the yearly low was recorded on January 5, dropping to 1.4469.

This high-to-low spread represents a total annual volatility of 0.1641 GYD. From a start-to-finish perspective, comparing the January average rate of 1.4675 to the December average rate of 1.5198, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.6110 was down 4.39% compared to the 2022 peak of 1.6850, 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 8,055 GYD

2022 Average 7,751 GYD

Yearly Trough Low 7,234 GYD

Transaction Impact: A difference of 820.61 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5997

1.4555

JanuMarcMayJulySeptNove

ISK to GYD 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 1.5097, compared to 1.5399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 1.5097

H2 Avg (Jul–Dec) 1.5399

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0730 GYD (High: 1.5718 / Low: 1.4987). On the other end, October was the most stable month, with a tight range of 0.0259 GYD (High: 1.5213 / Low: 1.4954).

June Spread (Volatile) ±0.0730

October Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0416 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.5816) against the same month in 2022 (average: 1.5336), the exchange rate shifted by +0.0480 (+3.13%).

2023 Avg (July) 1.5816

2022 Avg (July) 1.5336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4968	1.4469	1.4675
February	1.5136	1.4549	1.4751
March	1.5531	1.4804	1.5061
April	1.5674	1.5308	1.5486
May	1.5591	1.5009	1.5270
June	1.5718	1.4987	1.5342
July	1.6110	1.5415	1.5816
August	1.6070	1.5764	1.5877
September	1.5861	1.5185	1.5461
October	1.5213	1.4954	1.5092
November	1.5266	1.4685	1.4952
December	1.5501	1.4963	1.5198