YEARLY HIGH
0.1330 TRY
YEARLY LOW
0.1000 TRY
YEARLY AVERAGE
0.1221 TRY

2022 ISK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.1330. Conversely, the yearly low was recorded on January 3, dropping to 0.1000.

This high-to-low spread represents a total annual volatility of 0.0330 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1049 to the December average rate of 0.1311, the exchange rate registered a net change of 24.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1330 was up 3.76% compared to the 2021 peak of 0.1282, 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 665 TRY
2021 Average 350 TRY
Yearly Trough Low 500 TRY
Transaction Impact: A difference of 164.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1337
0.1023
JanuMarcMayJulySeptNove

ISK to TRY 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 0.1148, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.1148
H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0160 TRY (High: 0.1292 / Low: 0.1132). On the other end, December was the most stable month, with a tight range of 0.0021 TRY (High: 0.1321 / Low: 0.1300).

May Spread (Volatile) ±0.0160
December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.1295) against the same month in 2021 (average: 0.0708), the exchange rate shifted by +0.0587 (+83.00%).

2022 Avg (June) 0.1295
2021 Avg (June) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1079 0.1000 0.1049
February 0.1124 0.1051 0.1091
March 0.1154 0.1070 0.1122
April 0.1148 0.1125 0.1138
May 0.1292 0.1132 0.1193
June 0.1330 0.1243 0.1295
July 0.1321 0.1252 0.1279
August 0.1326 0.1283 0.1300
September 0.1321 0.1269 0.1292
October 0.1311 0.1280 0.1291
November 0.1324 0.1253 0.1291
December 0.1321 0.1300 0.1311