2022 ISK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |