YEARLY HIGH
0.1130 ISK
YEARLY LOW
0.0989 ISK
YEARLY AVERAGE
0.1048 ISK

2022 KRW to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KRW to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1130. Conversely, the yearly low was recorded on September 15, dropping to 0.0989.

This high-to-low spread represents a total annual volatility of 0.0141 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1079 to the December average rate of 0.1100, the exchange rate registered a net change of 1.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1130 was down 4.20% compared to the 2021 peak of 0.1180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 565,180 ISK
2021 Average 554,808 ISK
Yearly Trough Low 494,629 ISK
Transaction Impact: A difference of 70,551.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1109
0.0999
JanuMarcMayJulySeptNove

KRW 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 0.1049, compared to 0.1047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1049
H2 Avg (Jul–Dec) 0.1047

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0079 ISK (High: 0.1104 / Low: 0.1025). On the other end, October was the most stable month, with a tight range of 0.0021 ISK (High: 0.1019 / Low: 0.0998).

November Spread (Volatile) ±0.0079
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1100) against the same month in 2021 (average: 0.1098), the exchange rate shifted by +0.0001 (+0.13%).

2022 Avg (December) 0.1100
2021 Avg (December) 0.1098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1094 0.1059 0.1079
February 0.1059 0.1036 0.1044
March 0.1090 0.1051 0.1067
April 0.1062 0.1031 0.1046
May 0.1048 0.1020 0.1034
June 0.1035 0.1013 0.1025
July 0.1060 0.1028 0.1044
August 0.1059 0.1034 0.1049
September 0.1048 0.0989 0.1017
October 0.1019 0.0998 0.1008
November 0.1104 0.1025 0.1065
December 0.1130 0.1074 0.1100