YEARLY HIGH
478.3422 ISK
YEARLY LOW
410.4210 ISK
YEARLY AVERAGE
441.3679 ISK

2022 KWD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KWD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 478.3422. Conversely, the yearly low was recorded on February 15, dropping to 410.4210.

This high-to-low spread represents a total annual volatility of 67.9212 ISK. From a start-to-finish perspective, comparing the January average rate of 426.4278 to the December average rate of 464.2722, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 478.3422 was up 8.84% compared to the 2021 peak of 439.4743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,391,711 ISK
2021 Average 2,104,247 ISK
Yearly Trough Low 2,052,105 ISK
Transaction Impact: A difference of 339,605.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

472.8900
408.0088
JanuMarcMayJulySeptNove

KWD 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 424.4918, compared to 458.2440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.7522 points.

H1 Avg (Jan–Jun) 424.4918
H2 Avg (Jul–Dec) 458.2440

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 23.9149 ISK (High: 438.5851 / Low: 414.6701). On the other end, April was the most stable month, with a tight range of 7.8490 ISK (High: 427.4716 / Low: 419.6226).

May Spread (Volatile) ±23.9149
April Spread (Stable) ±7.8490

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 13.0122 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -13.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 467.4833) against the same month in 2021 (average: 432.2395), the exchange rate shifted by +35.2438 (+8.15%).

2022 Avg (November) 467.4833
2021 Avg (November) 432.2395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 432.0529 421.4865 426.4278
February 421.0544 410.4210 413.4156
March 442.3101 418.8421 428.9547
April 427.4716 419.6226 423.4835
May 438.5851 414.6701 427.3164
June 435.4958 416.6966 427.3530
July 450.3259 434.9979 443.6810
August 460.1627 440.8508 451.3653
September 467.9172 447.9230 458.4676
October 468.1673 458.8724 464.1947
November 478.3422 457.4098 467.4833
December 468.8821 459.6990 464.2722