2023 ISK to RUB Historical Review

YEARLY HIGH

0.7585 RUB

YEARLY LOW

0.4637 RUB

YEARLY AVERAGE

0.6211 RUB

2023 ISK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.7585. Conversely, the yearly low was recorded on January 15, dropping to 0.4637.

This high-to-low spread represents a total annual volatility of 0.2948 RUB. From a start-to-finish perspective, comparing the January average rate of 0.4896 to the December average rate of 0.6606, the exchange rate registered a net change of 34.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7585 was down 28.56% compared to the 2022 peak of 1.0617, 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 3,792 RUB

2022 Average 2,602 RUB

Yearly Trough Low 2,319 RUB

Transaction Impact: A difference of 1,473.93 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7507

0.4659

JanuMarcMayJulySeptNove

ISK to RUB 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 0.5533, compared to 0.6889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1356 points.

H1 Avg (Jan–Jun) 0.5533

H2 Avg (Jul–Dec) 0.6889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0791 RUB (High: 0.6518 / Low: 0.5728). On the other end, February was the most stable month, with a tight range of 0.0294 RUB (High: 0.5262 / Low: 0.4968).

June Spread (Volatile) ±0.0791

February Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

Between January and April, 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 0.0527 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.7269) against the same month in 2022 (average: 0.4386), the exchange rate shifted by +0.2883 (+65.73%).

2023 Avg (August) 0.7269

2022 Avg (August) 0.4386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5204	0.4637	0.4896
February	0.5262	0.4968	0.5138
March	0.5690	0.5298	0.5458
April	0.6055	0.5645	0.5934
May	0.5910	0.5575	0.5717
June	0.6518	0.5728	0.6053
July	0.7004	0.6452	0.6830
August	0.7585	0.7049	0.7269
September	0.7334	0.6998	0.7149
October	0.7369	0.6693	0.7004
November	0.6686	0.6255	0.6476
December	0.6803	0.6448	0.6606