2022 MYR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MYR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MYR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 32.4674. Conversely, the yearly low was recorded on May 31, dropping to 28.9947.
This high-to-low spread represents a total annual volatility of 3.4727 ISK. From a start-to-finish perspective, comparing the January average rate of 30.7914 to the December average rate of 32.2517, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 32.4674 was up 1.06% compared to the 2021 peak of 32.1268, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MYR to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 30.2808, compared to 31.1981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.9110 ISK (High: 32.1714 / Low: 30.2604). On the other end, December was the most stable month, with a tight range of 0.4721 ISK (High: 32.4674 / Low: 31.9953).
Growth Streaks & Declines
TrendsBetween June and September, 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 0.9268 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 32.2517) against the same month in 2021 (average: 30.8878), the exchange rate shifted by +1.3638 (+4.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.3002 | 30.5125 | 30.7914 |
| February | 30.4360 | 29.6565 | 29.8645 |
| March | 32.1714 | 30.2604 | 31.0401 |
| April | 30.6830 | 29.6936 | 30.3068 |
| May | 30.6362 | 28.9947 | 29.8935 |
| June | 30.3514 | 29.0435 | 29.7885 |
| July | 31.2785 | 30.2973 | 30.7279 |
| August | 31.6978 | 30.3560 | 31.0543 |
| September | 31.9095 | 30.5204 | 31.2273 |
| October | 31.1548 | 30.0487 | 30.6736 |
| November | 32.0589 | 30.6703 | 31.2539 |
| December | 32.4674 | 31.9953 | 32.2517 |