YEARLY HIGH
91.8709 ISK
YEARLY LOW
80.3827 ISK
YEARLY AVERAGE
85.8203 ISK

2022 NZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 91.8709. Conversely, the yearly low was recorded on October 15, dropping to 80.3827.

This high-to-low spread represents a total annual volatility of 11.4882 ISK. From a start-to-finish perspective, comparing the January average rate of 86.9398 to the December average rate of 90.4266, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 91.8709 was down 2.72% compared to the 2021 peak of 94.4368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 459,354 ISK
2021 Average 448,968 ISK
Yearly Trough Low 401,913 ISK
Transaction Impact: A difference of 57,441.07 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

91.2821
81.0163
JanuMarcMayJulySeptNove

NZD 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 85.7395, compared to 85.9011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1616 points.

H1 Avg (Jan–Jun) 85.7395
H2 Avg (Jul–Dec) 85.9011

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 6.7146 ISK (High: 87.4154 / Low: 80.7007). On the other end, December was the most stable month, with a tight range of 1.9520 ISK (High: 91.6422 / Low: 89.6903).

September Spread (Volatile) ±6.7146
December Spread (Stable) ±1.9520

Growth Streaks & Declines

Trends

Between June and August, 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 3.4619 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 89.5739) against the same month in 2021 (average: 90.8058), the exchange rate shifted by -1.2319 (-1.36%).

2022 Avg (March) 89.5739
2021 Avg (March) 90.8058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.1246 84.0076 86.9398
February 85.5493 82.4408 83.4779
March 91.8709 86.4366 89.5739
April 89.6728 84.3688 87.2725
May 84.9699 82.7551 83.8939
June 84.1444 82.1458 83.2788
July 85.6893 82.8697 84.6466
August 88.2660 85.2434 86.7126
September 87.4154 80.7007 84.1567
October 84.4044 80.3827 81.8718
November 90.6341 84.9362 87.5921
December 91.6422 89.6903 90.4266