2023 ISK to UAH Historical Review

YEARLY HIGH

0.2834 UAH

YEARLY LOW

0.2521 UAH

YEARLY AVERAGE

0.2670 UAH

2023 ISK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.2834. Conversely, the yearly low was recorded on November 13, dropping to 0.2521.

This high-to-low spread represents a total annual volatility of 0.0314 UAH. From a start-to-finish perspective, comparing the January average rate of 0.2573 to the December average rate of 0.2699, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2834 was up 3.75% compared to the 2022 peak of 0.2732, 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 1,417 UAH

2022 Average 1,203 UAH

Yearly Trough Low 1,260 UAH

Transaction Impact: A difference of 156.88 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2823

0.2550

JanuMarcMayJulySeptNove

ISK to UAH 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 0.2637, compared to 0.2704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.2637

H2 Avg (Jul–Dec) 0.2704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0193 UAH (High: 0.2820 / Low: 0.2628). On the other end, August was the most stable month, with a tight range of 0.0052 UAH (High: 0.2834 / Low: 0.2783).

December Spread (Volatile) ±0.0193

August Spread (Stable) ±0.0052

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 September and October, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2800) against the same month in 2022 (average: 0.2663), the exchange rate shifted by +0.0137 (+5.14%).

2023 Avg (August) 0.2800

2022 Avg (August) 0.2663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2606	0.2540	0.2573
February	0.2649	0.2534	0.2573
March	0.2719	0.2591	0.2634
April	0.2732	0.2660	0.2697
May	0.2723	0.2621	0.2665
June	0.2745	0.2617	0.2679
July	0.2832	0.2692	0.2777
August	0.2834	0.2783	0.2800
September	0.2800	0.2680	0.2729
October	0.2685	0.2599	0.2634
November	0.2654	0.2521	0.2583
December	0.2820	0.2628	0.2699