YEARLY HIGH
30.2353 ISK
YEARLY LOW
26.9542 ISK
YEARLY AVERAGE
28.6756 ISK

2023 LYD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 30.2353. Conversely, the yearly low was recorded on August 30, dropping to 26.9542.

This high-to-low spread represents a total annual volatility of 3.2811 ISK. From a start-to-finish perspective, comparing the January average rate of 29.8867 to the December average rate of 28.6722, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.2353 was up 1.45% compared to the 2022 peak of 29.8044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,176 ISK
2022 Average 140,722 ISK
Yearly Trough Low 134,771 ISK
Transaction Impact: A difference of 16,405.62 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.1338
27.1679
JanuMarcMayJulySeptNove

LYD 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 29.1836, compared to 28.1677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0159 points.

H1 Avg (Jan–Jun) 29.1836
H2 Avg (Jul–Dec) 28.1677

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1568 ISK (High: 29.2021 / Low: 28.0452). On the other end, December was the most stable month, with a tight range of 0.5926 ISK (High: 28.9596 / Low: 28.3669).

June Spread (Volatile) ±1.1568
December Spread (Stable) ±0.5926

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 0.8114 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 29.8867) against the same month in 2022 (average: 28.1062), the exchange rate shifted by +1.7805 (+6.33%).

2023 Avg (January) 29.8867
2022 Avg (January) 28.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.2353 29.3366 29.8867
February 30.2115 29.2721 29.8419
March 29.5068 28.3854 29.1165
April 28.9604 28.2784 28.6683
May 29.3241 28.4653 28.9542
June 29.2021 28.0452 28.6340
July 28.5226 27.4726 27.8226
August 27.6512 26.9542 27.4151
September 28.2161 27.3946 27.8911
October 28.6263 27.9429 28.3376
November 29.5055 28.3882 28.8674
December 28.9596 28.3669 28.6722