2023 ISK to TWD Historical Review

YEARLY HIGH

0.2440 TWD

YEARLY LOW

0.2095 TWD

YEARLY AVERAGE

0.2260 TWD

2023 ISK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.2440. Conversely, the yearly low was recorded on February 16, dropping to 0.2095.

This high-to-low spread represents a total annual volatility of 0.0345 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2127 to the December average rate of 0.2264, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2440 was up 6.78% compared to the 2022 peak of 0.2285, 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 1,220 TWD

2022 Average 1,101 TWD

Yearly Trough Low 1,048 TWD

Transaction Impact: A difference of 172.50 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2443

0.2086

JanuMarcMayJulySeptNove

ISK to TWD 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 0.2187, compared to 0.2334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.2187

H2 Avg (Jul–Dec) 0.2334

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0130 TWD (High: 0.2396 / Low: 0.2266). On the other end, October was the most stable month, with a tight range of 0.0036 TWD (High: 0.2345 / Low: 0.2309).

July Spread (Volatile) ±0.0130

October Spread (Stable) ±0.0036

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 October and November, when the average rate fell by 0.0049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2414) against the same month in 2022 (average: 0.2171), the exchange rate shifted by +0.0243 (+11.19%).

2023 Avg (August) 0.2414

2022 Avg (August) 0.2171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2164	0.2104	0.2127
February	0.2141	0.2095	0.2116
March	0.2244	0.2147	0.2184
April	0.2267	0.2215	0.2239
May	0.2261	0.2184	0.2218
June	0.2299	0.2175	0.2236
July	0.2396	0.2266	0.2351
August	0.2440	0.2393	0.2414
September	0.2416	0.2334	0.2367
October	0.2345	0.2309	0.2329
November	0.2322	0.2231	0.2280
December	0.2285	0.2235	0.2264