2022 MAD to ISK Historical Review

YEARLY HIGH

14.1068 ISK

YEARLY LOW

12.8271 ISK

YEARLY AVERAGE

13.3206 ISK

2022 MAD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 14.1068. Conversely, the yearly low was recorded on September 15, dropping to 12.8271.

This high-to-low spread represents a total annual volatility of 1.2797 ISK. From a start-to-finish perspective, comparing the January average rate of 13.8847 to the December average rate of 13.5316, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.1068 was down 3.35% compared to the 2021 peak of 14.5959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,534 ISK

2021 Average 70,622 ISK

Yearly Trough Low 64,135 ISK

Transaction Impact: A difference of 6,398.68 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.9638

13.0149

JanuMarcMayJulySeptNove

MAD 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 13.3286, compared to 13.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 13.3286

H2 Avg (Jul–Dec) 13.3127

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.6704 ISK (High: 13.4975 / Low: 12.8271). On the other end, April was the most stable month, with a tight range of 0.2644 ISK (High: 13.3092 / Low: 13.0448).

September Spread (Volatile) ±0.6704

April Spread (Stable) ±0.2644

Growth Streaks & Declines

Trends

Between May and July, 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 0.5641 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 13.8847) against the same month in 2021 (average: 14.4346), the exchange rate shifted by -0.5498 (-3.81%).

2022 Avg (January) 13.8847

2021 Avg (January) 14.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1068	13.5294	13.8847
February	13.5610	13.1753	13.3206
March	13.6670	13.1651	13.3886
April	13.3092	13.0448	13.1656
May	13.3024	12.8476	13.0940
June	13.2983	12.8731	13.1182
July	13.5818	13.0332	13.3327
August	13.4999	13.1423	13.3180
September	13.4975	12.8271	13.1934
October	13.2561	12.9857	13.1358
November	13.6242	13.1375	13.3645
December	13.6778	13.3264	13.5316