2023 ISK to SRD Historical Review

YEARLY HIGH

0.2943 SRD

YEARLY LOW

0.2183 SRD

YEARLY AVERAGE

0.2658 SRD

2023 ISK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.2943. Conversely, the yearly low was recorded on January 5, dropping to 0.2183.

This high-to-low spread represents a total annual volatility of 0.0760 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2227 to the December average rate of 0.2711, the exchange rate registered a net change of 21.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2943 was up 30.62% compared to the 2022 peak of 0.2253, 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 1,472 SRD

2022 Average 891 SRD

Yearly Trough Low 1,091 SRD

Transaction Impact: A difference of 380.17 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2971

0.2159

JanuMarcMayJulySeptNove

ISK to SRD 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 0.2520, compared to 0.2796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.2520

H2 Avg (Jul–Dec) 0.2796

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0279 SRD (High: 0.2641 / Low: 0.2361). On the other end, August was the most stable month, with a tight range of 0.0059 SRD (High: 0.2942 / Low: 0.2882).

March Spread (Volatile) ±0.0279

August Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0078 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2864) against the same month in 2022 (average: 0.1678), the exchange rate shifted by +0.1186 (+70.67%).

2023 Avg (July) 0.2864

2022 Avg (July) 0.1678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2275	0.2183	0.2227
February	0.2361	0.2260	0.2293
March	0.2641	0.2361	0.2473
April	0.2760	0.2612	0.2694
May	0.2775	0.2654	0.2697
June	0.2820	0.2646	0.2735
July	0.2943	0.2697	0.2864
August	0.2942	0.2882	0.2903
September	0.2896	0.2771	0.2831
October	0.2784	0.2722	0.2753
November	0.2768	0.2648	0.2716
December	0.2741	0.2678	0.2711