2023 ISK to TJS Historical Review

YEARLY HIGH

0.0843 TJS

YEARLY LOW

0.0692 TJS

YEARLY AVERAGE

0.0784 TJS

2023 ISK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0843. Conversely, the yearly low was recorded on February 25, dropping to 0.0692.

This high-to-low spread represents a total annual volatility of 0.0151 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0716 to the December average rate of 0.0794, the exchange rate registered a net change of 10.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0843 was down 17.29% compared to the 2022 peak of 0.1019, 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 422 TJS

2022 Average 408 TJS

Yearly Trough Low 346 TJS

Transaction Impact: A difference of 75.72 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0844

0.0704

JanuMarcMayJulySeptNove

ISK to TJS 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 0.0763, compared to 0.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0763

H2 Avg (Jul–Dec) 0.0806

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0102 TJS (High: 0.0804 / Low: 0.0702). On the other end, October was the most stable month, with a tight range of 0.0016 TJS (High: 0.0799 / Low: 0.0783).

March Spread (Volatile) ±0.0102

October Spread (Stable) ±0.0016

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 August and September, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0833) against the same month in 2022 (average: 0.0737), the exchange rate shifted by +0.0095 (+12.95%).

2023 Avg (August) 0.0833

2022 Avg (August) 0.0737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0729	0.0705	0.0716
February	0.0743	0.0692	0.0726
March	0.0804	0.0702	0.0755
April	0.0810	0.0789	0.0799
May	0.0804	0.0775	0.0789
June	0.0812	0.0774	0.0792
July	0.0839	0.0797	0.0824
August	0.0843	0.0826	0.0833
September	0.0833	0.0797	0.0812
October	0.0799	0.0783	0.0791
November	0.0797	0.0761	0.0782
December	0.0808	0.0779	0.0794