YEARLY HIGH
0.0628 HKD
YEARLY LOW
0.0528 HKD
YEARLY AVERAGE
0.0580 HKD

2022 ISK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0628. Conversely, the yearly low was recorded on November 3, dropping to 0.0528.

This high-to-low spread represents a total annual volatility of 0.0100 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0604 to the December average rate of 0.0547, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0628 was down 2.96% compared to the 2021 peak of 0.0647, 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 314 HKD
2021 Average 306 HKD
Yearly Trough Low 264 HKD
Transaction Impact: A difference of 50.06 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0632
0.0536
JanuMarcMayJulySeptNove

ISK to HKD 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 0.0606, compared to 0.0555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0606
H2 Avg (Jul–Dec) 0.0555

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0035 HKD (High: 0.0618 / Low: 0.0583). On the other end, December was the most stable month, with a tight range of 0.0010 HKD (High: 0.0552 / Low: 0.0543).

May Spread (Volatile) ±0.0035
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No 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 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0624) against the same month in 2021 (average: 0.0604), the exchange rate shifted by +0.0019 (+3.18%).

2022 Avg (February) 0.0624
2021 Avg (February) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0611 0.0596 0.0604
February 0.0628 0.0612 0.0624
March 0.0615 0.0582 0.0600
April 0.0612 0.0598 0.0607
May 0.0618 0.0583 0.0599
June 0.0615 0.0588 0.0599
July 0.0588 0.0566 0.0575
August 0.0581 0.0554 0.0566
September 0.0567 0.0540 0.0554
October 0.0553 0.0540 0.0545
November 0.0555 0.0528 0.0544
December 0.0552 0.0543 0.0547