YEARLY HIGH
0.9780 NPR
YEARLY LOW
0.8877 NPR
YEARLY AVERAGE
0.9302 NPR

2022 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.9780. Conversely, the yearly low was recorded on November 9, dropping to 0.8877.

This high-to-low spread represents a total annual volatility of 0.0904 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9231 to the December average rate of 0.9271, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9780 was up 0.19% compared to the 2021 peak of 0.9762, 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 4,890 NPR
2021 Average 4,656 NPR
Yearly Trough Low 4,438 NPR
Transaction Impact: A difference of 451.86 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9641
0.8992
JanuMarcMayJulySeptNove

ISK to NPR 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 0.9429, compared to 0.9174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 0.9429
H2 Avg (Jul–Dec) 0.9174

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0575 NPR (High: 0.9780 / Low: 0.9205). On the other end, December was the most stable month, with a tight range of 0.0163 NPR (High: 0.9349 / Low: 0.9186).

May Spread (Volatile) ±0.0575
December Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between 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 0.0229 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.9438) against the same month in 2021 (average: 0.9502), the exchange rate shifted by -0.0064 (-0.68%).

2022 Avg (May) 0.9438
2021 Avg (May) 0.9502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9360 0.9101 0.9231
February 0.9717 0.9390 0.9587
March 0.9549 0.9142 0.9357
April 0.9551 0.9317 0.9433
May 0.9780 0.9205 0.9438
June 0.9730 0.9399 0.9531
July 0.9457 0.9188 0.9323
August 0.9387 0.8981 0.9185
September 0.9191 0.8922 0.9046
October 0.9241 0.9035 0.9151
November 0.9300 0.8877 0.9068
December 0.9349 0.9186 0.9271