2022 ISK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ISK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ISK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 24.4709. Conversely, the yearly low was recorded on March 7, dropping to 21.3732.
This high-to-low spread represents a total annual volatility of 3.0977 MNT. From a start-to-finish perspective, comparing the January average rate of 22.1761 to the December average rate of 23.9414, the exchange rate registered a net change of 7.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 24.4709 was up 2.85% compared to the 2021 peak of 23.7917, 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 MNT 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 22.9274, compared to 23.2426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3152 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 1.8201 MNT (High: 24.4709 / Low: 22.6508). On the other end, December was the most stable month, with a tight range of 0.4336 MNT (High: 24.1457 / Low: 23.7122).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 0.7710 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 23.5201) against the same month in 2021 (average: 23.1274), the exchange rate shifted by +0.3927 (+1.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.3984 | 21.8672 | 22.1761 |
| February | 23.0645 | 22.4547 | 22.9041 |
| March | 22.7757 | 21.3732 | 22.1330 |
| April | 23.5265 | 22.4458 | 23.0422 |
| May | 24.4709 | 22.6508 | 23.5201 |
| June | 24.3500 | 23.4180 | 23.7888 |
| July | 23.4416 | 22.6658 | 23.0354 |
| August | 23.4358 | 22.5510 | 22.9728 |
| September | 23.2980 | 22.2824 | 22.7621 |
| October | 23.7286 | 22.5505 | 23.1425 |
| November | 24.2041 | 22.7440 | 23.6012 |
| December | 24.1457 | 23.7122 | 23.9414 |