2023 ISK to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ISK to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ISK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 115.8361. Conversely, the yearly low was recorded on January 8, dropping to 10.4994.
This high-to-low spread represents a total annual volatility of 105.3368 LBP. From a start-to-finish perspective, comparing the January average rate of 10.6085 to the December average rate of 109.1904, the exchange rate registered a net change of 929.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 115.8361 was up 846.17% compared to the 2022 peak of 12.2426, 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 2023.
ISK to LBP 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 89.3388, compared to 110.6499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.3111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 97.4774 LBP (High: 108.0866 / Low: 10.6093). On the other end, January was the most stable month, with a tight range of 0.2528 LBP (High: 10.7522 / Low: 10.4994).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 2.9756 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 113.5603) against the same month in 2022 (average: 11.0828), the exchange rate shifted by +102.4775 (+924.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7522 | 10.4994 | 10.6085 |
| February | 108.0866 | 10.6093 | 88.3829 |
| March | 111.1993 | 105.6928 | 107.7581 |
| April | 112.0144 | 108.9218 | 110.5985 |
| May | 112.1063 | 106.8860 | 108.9683 |
| June | 112.6384 | 106.9344 | 109.7164 |
| July | 115.8361 | 109.4008 | 113.5603 |
| August | 115.5025 | 113.5355 | 114.2306 |
| September | 113.9429 | 109.0125 | 111.2550 |
| October | 109.6162 | 107.4172 | 108.3758 |
| November | 109.6565 | 104.5826 | 107.2874 |
| December | 111.2020 | 107.4042 | 109.1904 |