2023 KMF to ISK Historical Review

YEARLY HIGH

0.3188 ISK

YEARLY LOW

0.2889 ISK

YEARLY AVERAGE

0.3027 ISK

2023 KMF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.3188. Conversely, the yearly low was recorded on August 29, dropping to 0.2889.

This high-to-low spread represents a total annual volatility of 0.0299 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3127 to the December average rate of 0.3056, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3188 was up 1.37% compared to the 2022 peak of 0.3145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,594 ISK

2022 Average 1,448 ISK

Yearly Trough Low 1,444 ISK

Transaction Impact: A difference of 149.75 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3147

0.2900

JanuMarcMayJulySeptNove

KMF 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 0.3067, compared to 0.2988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.3067

H2 Avg (Jul–Dec) 0.2988

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0160 ISK (High: 0.3134 / Low: 0.2974). On the other end, April was the most stable month, with a tight range of 0.0051 ISK (High: 0.3076 / Low: 0.3025).

November Spread (Volatile) ±0.0160

April Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3127) against the same month in 2022 (average: 0.2967), the exchange rate shifted by +0.0159 (+5.37%).

2023 Avg (January) 0.3127

2022 Avg (January) 0.2967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3188	0.3077	0.3127
February	0.3151	0.3068	0.3109
March	0.3087	0.2966	0.3037
April	0.3076	0.3025	0.3041
May	0.3096	0.3028	0.3055
June	0.3078	0.2990	0.3031
July	0.3040	0.2931	0.2978
August	0.2949	0.2889	0.2920
September	0.2977	0.2889	0.2936
October	0.3005	0.2933	0.2973
November	0.3134	0.2974	0.3066
December	0.3095	0.2998	0.3056