YEARLY HIGH
0.8397 XPF
YEARLY LOW
0.7596 XPF
YEARLY AVERAGE
0.8001 XPF

2023 ISK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.8397. Conversely, the yearly low was recorded on January 25, dropping to 0.7596.

This high-to-low spread represents a total annual volatility of 0.0802 XPF. From a start-to-finish perspective, comparing the January average rate of 0.7742 to the December average rate of 0.7926, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8397 was down 4.11% compared to the 2022 peak of 0.8757, 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 4,199 XPF
2022 Average 4,196 XPF
Yearly Trough Low 3,798 XPF
Transaction Impact: A difference of 400.76 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8353
0.7686
JanuMarcMayJulySeptNove

ISK to XPF 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 0.7893, compared to 0.8108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 0.7893
H2 Avg (Jul–Dec) 0.8108

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0326 XPF (High: 0.8080 / Low: 0.7754). On the other end, December was the most stable month, with a tight range of 0.0092 XPF (High: 0.7952 / Low: 0.7861).

November Spread (Volatile) ±0.0326
December Spread (Stable) ±0.0092

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 0.0264 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.8297) against the same month in 2022 (average: 0.8508), the exchange rate shifted by -0.0211 (-2.48%).

2023 Avg (August) 0.8297
2022 Avg (August) 0.8508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7871 0.7596 0.7742
February 0.7897 0.7713 0.7794
March 0.8058 0.7875 0.7961
April 0.8012 0.7873 0.7956
May 0.7993 0.7815 0.7922
June 0.8069 0.7905 0.7983
July 0.8270 0.7992 0.8134
August 0.8397 0.8213 0.8297
September 0.8385 0.8185 0.8259
October 0.8240 0.8090 0.8149
November 0.8080 0.7754 0.7885
December 0.7952 0.7861 0.7926