YEARLY HIGH
0.9119 VUV
YEARLY LOW
0.8148 VUV
YEARLY AVERAGE
0.8609 VUV

2023 ISK to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.9119. Conversely, the yearly low was recorded on February 21, dropping to 0.8148.

This high-to-low spread represents a total annual volatility of 0.0971 VUV. From a start-to-finish perspective, comparing the January average rate of 0.8261 to the December average rate of 0.8613, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9119 was down 0.68% compared to the 2022 peak of 0.9182, 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 4,560 VUV
2022 Average 4,324 VUV
Yearly Trough Low 4,074 VUV
Transaction Impact: A difference of 485.50 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9081
0.8176
JanuMarcMayJulySeptNove

ISK to VUV 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 0.8483, compared to 0.8736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.8483
H2 Avg (Jul–Dec) 0.8736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0447 VUV (High: 0.9119 / Low: 0.8672). On the other end, August was the most stable month, with a tight range of 0.0147 VUV (High: 0.9106 / Low: 0.8959).

July Spread (Volatile) ±0.0447
August Spread (Stable) ±0.0147

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 August and September, when the average rate fell by 0.0231 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8966) against the same month in 2022 (average: 0.8672), the exchange rate shifted by +0.0294 (+3.39%).

2023 Avg (July) 0.8966
2022 Avg (July) 0.8672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8376 0.8154 0.8261
February 0.8469 0.8148 0.8251
March 0.8691 0.8280 0.8440
April 0.8818 0.8631 0.8717
May 0.8773 0.8446 0.8594
June 0.8843 0.8434 0.8632
July 0.9119 0.8672 0.8966
August 0.9106 0.8959 0.9006
September 0.9000 0.8608 0.8774
October 0.8662 0.8481 0.8566
November 0.8669 0.8255 0.8489
December 0.8751 0.8481 0.8613