YEARLY HIGH
0.0208 ISK
YEARLY LOW
0.0177 ISK
YEARLY AVERAGE
0.0194 ISK

2022 PYG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PYG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0208. Conversely, the yearly low was recorded on February 6, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0030 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0185 to the December average rate of 0.0197, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0208 was up 1.63% compared to the 2021 peak of 0.0204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 ISK
2021 Average 94 ISK
Yearly Trough Low 89 ISK
Transaction Impact: A difference of 15.23 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0206
0.0177
JanuMarcMayJulySeptNove

PYG 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 0.0187, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0012 ISK (High: 0.0208 / Low: 0.0195). On the other end, February was the most stable month, with a tight range of 0.0006 ISK (High: 0.0183 / Low: 0.0177).

November Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0201) against the same month in 2021 (average: 0.0190), the exchange rate shifted by +0.0010 (+5.40%).

2022 Avg (November) 0.0201
2021 Avg (November) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0180 0.0185
February 0.0183 0.0177 0.0179
March 0.0193 0.0183 0.0187
April 0.0192 0.0185 0.0188
May 0.0196 0.0184 0.0191
June 0.0195 0.0186 0.0191
July 0.0202 0.0195 0.0199
August 0.0206 0.0196 0.0202
September 0.0207 0.0199 0.0204
October 0.0205 0.0197 0.0201
November 0.0208 0.0195 0.0201
December 0.0202 0.0193 0.0197