2022 ISK to PEN Historical Review

YEARLY HIGH

0.0309 PEN

YEARLY LOW

0.0264 PEN

YEARLY AVERAGE

0.0284 PEN

2022 ISK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0309. Conversely, the yearly low was recorded on November 14, dropping to 0.0264.

This high-to-low spread represents a total annual volatility of 0.0046 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0269, the exchange rate registered a net change of -10.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0309 was down 5.91% compared to the 2021 peak of 0.0329, 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 155 PEN

2021 Average 153 PEN

Yearly Trough Low 132 PEN

Transaction Impact: A difference of 22.83 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0307

0.0265

JanuMarcMayJulySeptNove

ISK to PEN 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 0.0292, compared to 0.0276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0292

H2 Avg (Jul–Dec) 0.0276

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0020 PEN (High: 0.0290 / Low: 0.0270). On the other end, October was the most stable month, with a tight range of 0.0007 PEN (High: 0.0280 / Low: 0.0273).

August Spread (Volatile) ±0.0020

October Spread (Stable) ±0.0007

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 0.0016 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0303) against the same month in 2021 (average: 0.0284), the exchange rate shifted by +0.0019 (+6.67%).

2022 Avg (February) 0.0303

2021 Avg (February) 0.0284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0307	0.0296	0.0302
February	0.0309	0.0295	0.0303
March	0.0296	0.0278	0.0287
April	0.0294	0.0282	0.0289
May	0.0295	0.0281	0.0287
June	0.0292	0.0281	0.0286
July	0.0290	0.0282	0.0286
August	0.0290	0.0270	0.0279
September	0.0279	0.0271	0.0274
October	0.0280	0.0273	0.0276
November	0.0274	0.0264	0.0269
December	0.0273	0.0265	0.0269