2023 ISK to HUF Historical Review

YEARLY HIGH

2.7179 HUF

YEARLY LOW

2.4399 HUF

YEARLY AVERAGE

2.5603 HUF

2023 ISK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 2.7179. Conversely, the yearly low was recorded on May 16, dropping to 2.4399.

This high-to-low spread represents a total annual volatility of 0.2779 HUF. From a start-to-finish perspective, comparing the January average rate of 2.5616 to the December average rate of 2.5359, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7179 was down 11.90% compared to the 2022 peak of 3.0849, 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 13,589 HUF

2022 Average 13,753 HUF

Yearly Trough Low 12,200 HUF

Transaction Impact: A difference of 1,389.65 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6976

2.4553

JanuMarcMayJulySeptNove

ISK to HUF 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 2.5183, compared to 2.6023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0841 points.

H1 Avg (Jan–Jun) 2.5183

H2 Avg (Jul–Dec) 2.6023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2258 HUF (High: 2.6894 / Low: 2.4637). On the other end, December was the most stable month, with a tight range of 0.0571 HUF (High: 2.5552 / Low: 2.4981).

March Spread (Volatile) ±0.2258

December Spread (Stable) ±0.0571

Growth Streaks & Declines

Trends

Between May and August, 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 0.1279 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.6774) against the same month in 2022 (average: 2.8617), the exchange rate shifted by -0.1843 (-6.44%).

2023 Avg (August) 2.6774

2022 Avg (August) 2.8617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6466	2.4639	2.5616
February	2.5811	2.4634	2.5121
March	2.6894	2.4637	2.5709
April	2.5568	2.4834	2.5096
May	2.4998	2.4399	2.4755
June	2.5075	2.4471	2.4798
July	2.6843	2.5068	2.5856
August	2.7179	2.6447	2.6774
September	2.7096	2.6417	2.6762
October	2.6763	2.5926	2.6334
November	2.5967	2.4484	2.5054
December	2.5552	2.4981	2.5359