YEARLY HIGH
0.1656 MXN
YEARLY LOW
0.1324 MXN
YEARLY AVERAGE
0.1491 MXN

2022 ISK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1656. Conversely, the yearly low was recorded on November 14, dropping to 0.1324.

This high-to-low spread represents a total annual volatility of 0.0333 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1589 to the December average rate of 0.1377, the exchange rate registered a net change of -13.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1656 was down 1.83% compared to the 2021 peak of 0.1687, 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 828 MXN
2021 Average 799 MXN
Yearly Trough Low 662 MXN
Transaction Impact: A difference of 166.36 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1665
0.1322
JanuMarcMayJulySeptNove

ISK to MXN 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 0.1568, compared to 0.1414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.1568
H2 Avg (Jul–Dec) 0.1414

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0107 MXN (High: 0.1518 / Low: 0.1411). On the other end, July was the most stable month, with a tight range of 0.0033 MXN (High: 0.1523 / Low: 0.1491).

August Spread (Volatile) ±0.0107
July Spread (Stable) ±0.0033

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 0.0060 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1637) against the same month in 2021 (average: 0.1583), the exchange rate shifted by +0.0054 (+3.38%).

2022 Avg (February) 0.1637
2021 Avg (February) 0.1583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1616 0.1570 0.1589
February 0.1656 0.1613 0.1637
March 0.1616 0.1543 0.1577
April 0.1574 0.1521 0.1553
May 0.1569 0.1500 0.1528
June 0.1563 0.1501 0.1525
July 0.1523 0.1491 0.1503
August 0.1518 0.1411 0.1453
September 0.1452 0.1395 0.1415
October 0.1412 0.1367 0.1389
November 0.1377 0.1324 0.1350
December 0.1396 0.1350 0.1377