2022 PEN to ISK Historical Review

YEARLY HIGH

37.9250 ISK

YEARLY LOW

32.3278 ISK

YEARLY AVERAGE

35.2759 ISK

2022 PEN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 37.9250. Conversely, the yearly low was recorded on February 3, dropping to 32.3278.

This high-to-low spread represents a total annual volatility of 5.5972 ISK. From a start-to-finish perspective, comparing the January average rate of 33.1334 to the December average rate of 37.1986, the exchange rate registered a net change of 12.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 37.9250 was up 5.57% compared to the 2021 peak of 35.9224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 189,625 ISK

2021 Average 163,914 ISK

Yearly Trough Low 161,639 ISK

Transaction Impact: A difference of 27,986.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

37.6194

32.5688

JanuMarcMayJulySeptNove

PEN 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 34.2412, compared to 36.3106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0694 points.

H1 Avg (Jan–Jun) 34.2412

H2 Avg (Jul–Dec) 36.3106

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 2.5044 ISK (High: 36.9998 / Low: 34.4953). On the other end, October was the most stable month, with a tight range of 0.9191 ISK (High: 36.6149 / Low: 35.6958).

August Spread (Volatile) ±2.5044

October Spread (Stable) ±0.9191

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2514 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 37.1883) against the same month in 2021 (average: 32.5112), the exchange rate shifted by +4.6770 (+14.39%).

2022 Avg (November) 37.1883

2021 Avg (November) 32.5112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.7870	32.5267	33.1334
February	33.9430	32.3278	32.9897
March	35.9396	33.7454	34.8475
April	35.4837	34.0586	34.5961
May	35.6381	33.9251	34.8909
June	35.6210	34.2855	34.9898
July	35.4571	34.5241	35.0170
August	36.9998	34.4953	35.8052
September	36.9219	35.8303	36.4488
October	36.6149	35.6958	36.2058
November	37.9250	36.4508	37.1883
December	37.7965	36.5964	37.1986