2023 ISK to XCD Historical Review

YEARLY HIGH

0.0207 XCD

YEARLY LOW

0.0187 XCD

YEARLY AVERAGE

0.0196 XCD

2023 ISK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0207. Conversely, the yearly low was recorded on February 21, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0021 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0196, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0207 was down 4.78% compared to the 2022 peak of 0.0218, 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 104 XCD

2022 Average 100 XCD

Yearly Trough Low 93 XCD

Transaction Impact: A difference of 10.37 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0207

0.0187

JanuMarcMayJulySeptNove

ISK to XCD 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 0.0193, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 XCD (High: 0.0207 / Low: 0.0197). On the other end, August was the most stable month, with a tight range of 0.0003 XCD (High: 0.0207 / Low: 0.0204).

July Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0205) against the same month in 2022 (average: 0.0195), the exchange rate shifted by +0.0010 (+5.15%).

2023 Avg (August) 0.0205

2022 Avg (August) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0192	0.0187	0.0189
February	0.0194	0.0187	0.0189
March	0.0199	0.0190	0.0193
April	0.0200	0.0196	0.0198
May	0.0199	0.0192	0.0195
June	0.0201	0.0192	0.0196
July	0.0207	0.0197	0.0204
August	0.0207	0.0204	0.0205
September	0.0205	0.0196	0.0200
October	0.0197	0.0193	0.0195
November	0.0197	0.0188	0.0193
December	0.0199	0.0193	0.0196