YEARLY HIGH
209.6333 ISK
YEARLY LOW
175.1058 ISK
YEARLY AVERAGE
190.7140 ISK

2022 JOD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 209.6333. Conversely, the yearly low was recorded on February 9, dropping to 175.1058.

This high-to-low spread represents a total annual volatility of 34.5275 ISK. From a start-to-finish perspective, comparing the January average rate of 181.9209 to the December average rate of 200.6276, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 209.6333 was up 11.84% compared to the 2021 peak of 187.4330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 1,048,166 ISK
2021 Average 895,569 ISK
Yearly Trough Low 875,529 ISK
Transaction Impact: A difference of 172,637.52 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

205.8562
173.7125
JanuMarcMayJulySeptNove

JOD to ISK 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 182.3286, compared to 199.0994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7708 points.

H1 Avg (Jan–Jun) 182.3286
H2 Avg (Jul–Dec) 199.0994

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 11.1001 ISK (High: 209.6333 / Low: 198.5331). On the other end, December was the most stable month, with a tight range of 3.5517 ISK (High: 202.4803 / Low: 198.9285).

November Spread (Volatile) ±11.1001
December Spread (Stable) ±3.5517

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.5297 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.5297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 203.1776) against the same month in 2021 (average: 184.2975), the exchange rate shifted by +18.8800 (+10.24%).

2022 Avg (November) 203.1776
2021 Avg (November) 184.2975

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 184.5134 180.1269 181.9209
February 179.6756 175.1058 176.3911
March 189.5346 179.4499 183.8007
April 185.0494 180.7052 182.3268
May 189.8449 178.9845 184.7185
June 188.3498 179.8731 184.8137
July 195.6841 188.3216 192.3964
August 199.9295 190.6347 195.5575
September 205.0494 195.2186 199.8631
October 204.8519 200.2539 202.9744
November 209.6333 198.5331 203.1776
December 202.4803 198.9285 200.6276