YEARLY HIGH
0.0780 MAD
YEARLY LOW
0.0709 MAD
YEARLY AVERAGE
0.0751 MAD

2022 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0780. Conversely, the yearly low was recorded on January 4, dropping to 0.0709.

This high-to-low spread represents a total annual volatility of 0.0071 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0720 to the December average rate of 0.0739, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0780 was up 5.66% compared to the 2021 peak of 0.0738, 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 390 MAD
2021 Average 354 MAD
Yearly Trough Low 354 MAD
Transaction Impact: A difference of 35.36 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0768
0.0716
JanuMarcMayJulySeptNove

ISK to MAD 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 0.0751, compared to 0.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0751
H2 Avg (Jul–Dec) 0.0751

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0039 MAD (High: 0.0780 / Low: 0.0741). On the other end, April was the most stable month, with a tight range of 0.0015 MAD (High: 0.0767 / Low: 0.0751).

September Spread (Volatile) ±0.0039
April Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0758) against the same month in 2021 (average: 0.0700), the exchange rate shifted by +0.0058 (+8.32%).

2022 Avg (September) 0.0758
2021 Avg (September) 0.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0739 0.0709 0.0720
February 0.0759 0.0737 0.0751
March 0.0760 0.0732 0.0747
April 0.0767 0.0751 0.0760
May 0.0778 0.0752 0.0764
June 0.0777 0.0752 0.0762
July 0.0767 0.0736 0.0750
August 0.0761 0.0741 0.0751
September 0.0780 0.0741 0.0758
October 0.0770 0.0754 0.0761
November 0.0761 0.0734 0.0748
December 0.0750 0.0731 0.0739