YEARLY HIGH
0.6112 INR
YEARLY LOW
0.5539 INR
YEARLY AVERAGE
0.5815 INR

2022 ISK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.6112. Conversely, the yearly low was recorded on November 10, dropping to 0.5539.

This high-to-low spread represents a total annual volatility of 0.0574 INR. From a start-to-finish perspective, comparing the January average rate of 0.5772 to the December average rate of 0.5793, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6112 was up 0.39% compared to the 2021 peak of 0.6089, 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 3,056 INR
2021 Average 2,912 INR
Yearly Trough Low 2,769 INR
Transaction Impact: A difference of 286.85 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6029
0.5628
JanuMarcMayJulySeptNove

ISK to INR 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 0.5896, compared to 0.5735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.5896
H2 Avg (Jul–Dec) 0.5735

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0359 INR (High: 0.6112 / Low: 0.5754). On the other end, December was the most stable month, with a tight range of 0.0113 INR (High: 0.5849 / Low: 0.5737).

May Spread (Volatile) ±0.0359
December Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.5906) against the same month in 2021 (average: 0.5937), the exchange rate shifted by -0.0032 (-0.53%).

2022 Avg (May) 0.5906
2021 Avg (May) 0.5937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5838 0.5697 0.5772
February 0.6079 0.5867 0.5996
March 0.5960 0.5736 0.5851
April 0.5954 0.5838 0.5894
May 0.6112 0.5754 0.5906
June 0.6068 0.5877 0.5957
July 0.5913 0.5740 0.5830
August 0.5865 0.5635 0.5741
September 0.5769 0.5588 0.5662
October 0.5779 0.5648 0.5720
November 0.5801 0.5539 0.5662
December 0.5849 0.5737 0.5793