2023 PLN to ISK Historical Review

YEARLY HIGH

35.3111 ISK

YEARLY LOW

30.8478 ISK

YEARLY AVERAGE

32.8651 ISK

2023 PLN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 35.3111. Conversely, the yearly low was recorded on September 12, dropping to 30.8478.

This high-to-low spread represents a total annual volatility of 4.4632 ISK. From a start-to-finish perspective, comparing the January average rate of 32.9701 to the December average rate of 34.7553, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.3111 was up 7.59% compared to the 2022 peak of 32.8215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 706,221 ISK

2022 Average 607,705 ISK

Yearly Trough Low 616,956 ISK

Transaction Impact: A difference of 89,264.86 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.0901

31.0723

JanuMarcMayJulySeptNove

PLN 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 32.6811, compared to 33.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3681 points.

H1 Avg (Jan–Jun) 32.6811

H2 Avg (Jul–Dec) 33.0492

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.1986 ISK (High: 35.2457 / Low: 33.0472). On the other end, June was the most stable month, with a tight range of 0.6656 ISK (High: 33.8128 / Low: 33.1472).

November Spread (Volatile) ±2.1986

June Spread (Stable) ±0.6656

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.8524 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.7553) against the same month in 2022 (average: 32.2095), the exchange rate shifted by +2.5458 (+7.90%).

2023 Avg (December) 34.7553

2022 Avg (December) 32.2095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3990	32.3807	32.9701
February	32.7623	31.7751	32.2747
March	32.4311	31.4577	31.9305
April	32.6906	31.8200	32.2604
May	33.8002	32.5129	33.1355
June	33.8128	33.1472	33.5152
July	33.6543	32.7168	33.0147
August	32.7836	31.7685	32.2595
September	32.1733	30.8478	31.4071
October	33.1410	31.4854	32.4711
November	35.2457	33.0472	34.3875
December	35.3111	34.5456	34.7553