2023 ISK to SVC Historical Review

YEARLY HIGH

0.0672 SVC

YEARLY LOW

0.0603 SVC

YEARLY AVERAGE

0.0635 SVC

2023 ISK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0672. Conversely, the yearly low was recorded on February 19, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0068 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0612 to the December average rate of 0.0635, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0672 was down 4.71% compared to the 2022 peak of 0.0705, 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 336 SVC

2022 Average 324 SVC

Yearly Trough Low 302 SVC

Transaction Impact: A difference of 34.14 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0669

0.0607

JanuMarcMayJulySeptNove

ISK to SVC 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 0.0626, compared to 0.0643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0626

H2 Avg (Jul–Dec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0033 SVC (High: 0.0671 / Low: 0.0638). On the other end, October was the most stable month, with a tight range of 0.0011 SVC (High: 0.0636 / Low: 0.0625).

July Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, 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 (August 2023: 0.0664) against the same month in 2022 (average: 0.0632), the exchange rate shifted by +0.0032 (+5.07%).

2023 Avg (August) 0.0664

2022 Avg (August) 0.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0605	0.0612
February	0.0628	0.0603	0.0612
March	0.0644	0.0614	0.0625
April	0.0648	0.0633	0.0640
May	0.0645	0.0621	0.0632
June	0.0650	0.0620	0.0635
July	0.0671	0.0638	0.0659
August	0.0672	0.0659	0.0664
September	0.0663	0.0635	0.0647
October	0.0636	0.0625	0.0631
November	0.0638	0.0609	0.0625
December	0.0648	0.0625	0.0635