2023 ISK to PLN Historical Review

YEARLY HIGH

0.0324 PLN

YEARLY LOW

0.0283 PLN

YEARLY AVERAGE

0.0305 PLN

2023 ISK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.0324. Conversely, the yearly low was recorded on December 13, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0041 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0303 to the December average rate of 0.0288, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0324 was down 7.49% compared to the 2022 peak of 0.0350, 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 162 PLN

2022 Average 165 PLN

Yearly Trough Low 142 PLN

Transaction Impact: A difference of 20.49 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0322

0.0285

JanuMarcMayJulySeptNove

ISK to PLN 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 0.0306, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0306

H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0019 PLN (High: 0.0303 / Low: 0.0284). On the other end, June was the most stable month, with a tight range of 0.0006 PLN (High: 0.0302 / Low: 0.0296).

November Spread (Volatile) ±0.0019

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and September, 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 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0318) against the same month in 2022 (average: 0.0338), the exchange rate shifted by -0.0019 (-5.67%).

2023 Avg (September) 0.0318

2022 Avg (September) 0.0338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0309	0.0291	0.0303
February	0.0315	0.0305	0.0310
March	0.0318	0.0308	0.0313
April	0.0314	0.0306	0.0310
May	0.0308	0.0296	0.0302
June	0.0302	0.0296	0.0298
July	0.0306	0.0297	0.0303
August	0.0315	0.0305	0.0310
September	0.0324	0.0311	0.0318
October	0.0318	0.0302	0.0308
November	0.0303	0.0284	0.0291
December	0.0289	0.0283	0.0288