2023 LRD to ISK Historical Review

YEARLY HIGH

0.9418 ISK

YEARLY LOW

0.7010 ISK

YEARLY AVERAGE

0.7952 ISK

2023 LRD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.9418. Conversely, the yearly low was recorded on August 30, dropping to 0.7010.

This high-to-low spread represents a total annual volatility of 0.2408 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9197 to the December average rate of 0.7324, the exchange rate registered a net change of -20.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9418 was down 2.67% compared to the 2022 peak of 0.9676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,709 ISK

2022 Average 4,425 ISK

Yearly Trough Low 3,505 ISK

Transaction Impact: A difference of 1,204.25 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9410

0.6864

JanuMarcMayJulySeptNove

LRD 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 0.8613, compared to 0.7292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1321 points.

H1 Avg (Jan–Jun) 0.8613

H2 Avg (Jul–Dec) 0.7292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0764 ISK (High: 0.8323 / Low: 0.7558). On the other end, August was the most stable month, with a tight range of 0.0115 ISK (High: 0.7125 / Low: 0.7010).

June Spread (Volatile) ±0.0764

August Spread (Stable) ±0.0115

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 0.0675 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.9146) against the same month in 2022 (average: 0.8138), the exchange rate shifted by +0.1008 (+12.38%).

2023 Avg (February) 0.9146

2022 Avg (February) 0.8138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9370	0.8991	0.9197
February	0.9418	0.8884	0.9146
March	0.9072	0.8371	0.8775
April	0.8494	0.8220	0.8368
May	0.8416	0.8195	0.8292
June	0.8323	0.7558	0.7900
July	0.7597	0.7040	0.7224
August	0.7125	0.7010	0.7076
September	0.7389	0.7092	0.7262
October	0.7496	0.7347	0.7416
November	0.7660	0.7283	0.7448
December	0.7440	0.7198	0.7324