YEARLY HIGH
340.4607 IRR
YEARLY LOW
284.5993 IRR
YEARLY AVERAGE
313.3251 IRR

2022 ISK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 340.4607. Conversely, the yearly low was recorded on November 3, dropping to 284.5993.

This high-to-low spread represents a total annual volatility of 55.8613 IRR. From a start-to-finish perspective, comparing the January average rate of 327.6474 to the December average rate of 293.1743, the exchange rate registered a net change of -10.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 340.4607 was down 3.11% compared to the 2021 peak of 351.3728, 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 1,702,303 IRR
2021 Average 1,660,648 IRR
Yearly Trough Low 1,422,997 IRR
Transaction Impact: A difference of 279,306.59 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

342.3776
288.7013
JanuMarcMayJulySeptNove

ISK to IRR 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 327.2766, compared to 299.3737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.9029 points.

H1 Avg (Jan–Jun) 327.2766
H2 Avg (Jul–Dec) 299.3737

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 19.4854 IRR (High: 334.1214 / Low: 314.6360). On the other end, October was the most stable month, with a tight range of 7.3915 IRR (High: 298.6336 / Low: 291.2421).

May Spread (Volatile) ±19.4854
October Spread (Stable) ±7.3915

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 February and March, when the average rate fell by 13.3960 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.3960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 337.9046) against the same month in 2021 (average: 328.2361), the exchange rate shifted by +9.6684 (+2.95%).

2022 Avg (February) 337.9046
2021 Avg (February) 328.2361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 330.8277 323.1540 327.6474
February 340.4607 331.8549 337.9046
March 332.8617 314.2953 324.5086
April 330.5495 322.4085 327.3684
May 334.1214 314.6360 323.1860
June 331.6867 317.1334 323.0444
July 317.1809 305.2472 310.4597
August 313.3323 298.4127 305.3747
September 305.9750 291.3055 298.7932
October 298.6336 291.2421 294.2632
November 301.5772 284.5993 294.1770
December 300.4961 289.2620 293.1743