2023 ISK to VND Historical Review

YEARLY HIGH

185.0620 VND

YEARLY LOW

162.2345 VND

YEARLY AVERAGE

172.9596 VND

2023 ISK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 185.0620. Conversely, the yearly low was recorded on January 5, dropping to 162.2345.

This high-to-low spread represents a total annual volatility of 22.8274 VND. From a start-to-finish perspective, comparing the January average rate of 164.2445 to the December average rate of 176.1811, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 185.0620 was up 0.83% compared to the 2022 peak of 183.5298, 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 925,310 VND

2022 Average 866,144 VND

Yearly Trough Low 811,173 VND

Transaction Impact: A difference of 114,137.24 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

182.7441

162.5627

JanuMarcMayJulySeptNove

ISK to VND 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 168.3820, compared to 177.5373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1553 points.

H1 Avg (Jan–Jun) 168.3820

H2 Avg (Jul–Dec) 177.5373

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 8.4070 VND (High: 181.2176 / Low: 172.8106). On the other end, April was the most stable month, with a tight range of 3.5540 VND (High: 173.7819 / Low: 170.2280).

July Spread (Volatile) ±8.4070

April Spread (Stable) ±3.5540

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 October and November, when the average rate fell by 2.6805 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.6805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 181.0623) against the same month in 2022 (average: 168.8393), the exchange rate shifted by +12.2230 (+7.24%).

2023 Avg (August) 181.0623

2022 Avg (August) 168.8393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	166.8941	162.2345	164.2445
February	168.2288	163.5043	165.2921
March	172.8736	166.2078	168.7167
April	173.7819	170.2280	171.9509
May	173.0270	166.5720	169.4957
June	174.7308	166.4596	170.5919
July	181.2176	172.8106	178.3412
August	185.0620	179.5355	181.0623
September	182.5774	176.3867	179.0176
October	178.4308	174.0076	176.6509
November	177.0393	169.5384	173.9704
December	179.5487	173.2900	176.1811