2022 PHP to ISK Historical Review

YEARLY HIGH

2.6124 ISK

YEARLY LOW

2.4048 ISK

YEARLY AVERAGE

2.4820 ISK

2022 PHP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PHP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.6124. Conversely, the yearly low was recorded on June 27, dropping to 2.4048.

This high-to-low spread represents a total annual volatility of 0.2076 ISK. From a start-to-finish perspective, comparing the January average rate of 2.5184 to the December average rate of 2.5622, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6124 was down 3.60% compared to the 2021 peak of 2.7100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 653,107 ISK

2021 Average 644,453 ISK

Yearly Trough Low 601,211 ISK

Transaction Impact: A difference of 51,896.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5747

2.4254

JanuMarcMayJulySeptNove

PHP 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 2.4803, compared to 2.4838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 2.4803

H2 Avg (Jul–Dec) 2.4838

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1510 ISK (High: 2.5692 / Low: 2.4182). On the other end, July was the most stable month, with a tight range of 0.0603 ISK (High: 2.4759 / Low: 2.4156).

May Spread (Volatile) ±0.1510

July Spread (Stable) ±0.0603

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 0.0806 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.5622) against the same month in 2021 (average: 2.5857), the exchange rate shifted by -0.0235 (-0.91%).

2022 Avg (December) 2.5622

2021 Avg (December) 2.5857

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5610	2.4862	2.5184
February	2.4900	2.4181	2.4378
March	2.5699	2.4477	2.4995
April	2.5177	2.4436	2.4851
May	2.5692	2.4182	2.5009
June	2.4932	2.4048	2.4402
July	2.4759	2.4156	2.4416
August	2.5233	2.4337	2.4825
September	2.5092	2.4092	2.4581
October	2.4912	2.4182	2.4499
November	2.5565	2.4756	2.5085
December	2.6124	2.5218	2.5622