2023 LBP to ISK Historical Review

YEARLY HIGH

0.0952 ISK

YEARLY LOW

0.0086 ISK

YEARLY AVERAGE

0.0175 ISK

2023 LBP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0952. Conversely, the yearly low was recorded on July 18, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0866 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0943 to the December average rate of 0.0092, the exchange rate registered a net change of -90.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0952 was down 2.83% compared to the 2022 peak of 0.0980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 476 ISK

2022 Average 446 ISK

Yearly Trough Low 43 ISK

Transaction Impact: A difference of 433.05 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1028

0.0002

JanuMarcMayJulySeptNove

LBP 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 0.0259, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.0259

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0850 ISK (High: 0.0943 / Low: 0.0093). On the other end, August was the most stable month, with a tight range of 0.0001 ISK (High: 0.0088 / Low: 0.0087).

February Spread (Volatile) ±0.0850

August Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0698 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0943) against the same month in 2022 (average: 0.0853), the exchange rate shifted by +0.0089 (+10.48%).

2023 Avg (January) 0.0943

2022 Avg (January) 0.0853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0952	0.0930	0.0943
February	0.0943	0.0093	0.0245
March	0.0095	0.0090	0.0093
April	0.0092	0.0089	0.0090
May	0.0094	0.0089	0.0092
June	0.0094	0.0089	0.0091
July	0.0091	0.0086	0.0088
August	0.0088	0.0087	0.0088
September	0.0092	0.0088	0.0090
October	0.0093	0.0091	0.0092
November	0.0096	0.0091	0.0093
December	0.0093	0.0090	0.0092