2022 PGK to ISK Historical Review

YEARLY HIGH

42.0554 ISK

YEARLY LOW

35.1584 ISK

YEARLY AVERAGE

38.3416 ISK

2022 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 42.0554. Conversely, the yearly low was recorded on February 12, dropping to 35.1584.

This high-to-low spread represents a total annual volatility of 6.8969 ISK. From a start-to-finish perspective, comparing the January average rate of 36.6098 to the December average rate of 40.3559, the exchange rate registered a net change of 10.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 42.0554 was up 11.55% compared to the 2021 peak of 37.6993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,277 ISK

2021 Average 179,943 ISK

Yearly Trough Low 175,792 ISK

Transaction Impact: A difference of 34,484.68 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.4683

34.9916

JanuMarcMayJulySeptNove

PGK 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 36.6531, compared to 40.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3769 points.

H1 Avg (Jan–Jun) 36.6531

H2 Avg (Jul–Dec) 40.0300

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 2.6921 ISK (High: 38.2649 / Low: 35.5729). On the other end, January was the most stable month, with a tight range of 0.7057 ISK (High: 36.9911 / Low: 36.2855).

May Spread (Volatile) ±2.6921

January Spread (Stable) ±0.7057

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 1.0785 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 40.9286) against the same month in 2021 (average: 37.0763), the exchange rate shifted by +3.8523 (+10.39%).

2022 Avg (November) 40.9286

2021 Avg (November) 37.0763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.9911	36.2855	36.6098
February	36.2623	35.1584	35.5313
March	38.1219	36.1438	37.0115
April	37.3075	36.2090	36.7189
May	38.2649	35.5729	37.1352
June	37.7445	35.9051	36.9121
July	39.1172	37.6858	38.4568
August	40.2286	38.3653	39.3444
September	41.2719	39.2852	40.2430
October	41.2688	40.1311	40.8514
November	42.0554	39.9336	40.9286
December	40.7610	39.7258	40.3559