YEARLY HIGH
0.0057 JOD
YEARLY LOW
0.0048 JOD
YEARLY AVERAGE
0.0053 JOD

2022 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0057. Conversely, the yearly low was recorded on November 3, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0050, the exchange rate registered a net change of -9.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0057 was down 3.48% compared to the 2021 peak of 0.0059, 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 29 JOD
2021 Average 28 JOD
Yearly Trough Low 24 JOD
Transaction Impact: A difference of 4.70 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0057
0.0048
JanuMarcMayJulySeptNove

ISK to JOD 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 0.0055, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0003 JOD (High: 0.0056 / Low: 0.0053). On the other end, December was the most stable month, with a tight range of 0.0001 JOD (High: 0.0050 / Low: 0.0049).

May Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0057) against the same month in 2021 (average: 0.0055), the exchange rate shifted by +0.0001 (+2.59%).

2022 Avg (February) 0.0057
2021 Avg (February) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0054 0.0055
February 0.0057 0.0056 0.0057
March 0.0056 0.0053 0.0054
April 0.0055 0.0054 0.0055
May 0.0056 0.0053 0.0054
June 0.0056 0.0053 0.0054
July 0.0053 0.0051 0.0052
August 0.0052 0.0050 0.0051
September 0.0051 0.0049 0.0050
October 0.0050 0.0049 0.0049
November 0.0050 0.0048 0.0049
December 0.0050 0.0049 0.0050