2023 KPW to ISK Historical Review

YEARLY HIGH

0.1610 ISK

YEARLY LOW

0.1449 ISK

YEARLY AVERAGE

0.1532 ISK

2023 KPW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.1610. Conversely, the yearly low was recorded on August 30, dropping to 0.1449.

This high-to-low spread represents a total annual volatility of 0.0161 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1588 to the December average rate of 0.1532, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1610 was down 2.53% compared to the 2022 peak of 0.1651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805 ISK

2022 Average 752 ISK

Yearly Trough Low 724 ISK

Transaction Impact: A difference of 80.50 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1602

0.1452

JanuMarcMayJulySeptNove

KPW 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 0.1553, compared to 0.1511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1553

H2 Avg (Jul–Dec) 0.1511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0076 ISK (High: 0.1598 / Low: 0.1522). On the other end, August was the most stable month, with a tight range of 0.0024 ISK (High: 0.1472 / Low: 0.1449).

November Spread (Volatile) ±0.0076

August Spread (Stable) ±0.0024

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 June and July, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1590) against the same month in 2022 (average: 0.1390), the exchange rate shifted by +0.0200 (+14.40%).

2023 Avg (February) 0.1590

2022 Avg (February) 0.1390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1608	0.1566	0.1588
February	0.1610	0.1549	0.1590
March	0.1584	0.1509	0.1555
April	0.1532	0.1499	0.1517
May	0.1565	0.1507	0.1538
June	0.1567	0.1495	0.1532
July	0.1524	0.1450	0.1474
August	0.1472	0.1449	0.1465
September	0.1532	0.1466	0.1504
October	0.1555	0.1523	0.1540
November	0.1598	0.1522	0.1554
December	0.1555	0.1507	0.1532