2023 PYG to ISK Historical Review

YEARLY HIGH

0.0199 ISK

YEARLY LOW

0.0179 ISK

YEARLY AVERAGE

0.0189 ISK

2023 PYG to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0199. Conversely, the yearly low was recorded on August 30, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0020 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0187, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0199 was down 4.16% compared to the 2022 peak of 0.0208, 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 100 ISK

2022 Average 97 ISK

Yearly Trough Low 90 ISK

Transaction Impact: A difference of 10.02 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0197

0.0180

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 0.0193, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0010 ISK (High: 0.0196 / Low: 0.0185). On the other end, August was the most stable month, with a tight range of 0.0004 ISK (High: 0.0183 / Low: 0.0179).

June Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0196) against the same month in 2022 (average: 0.0179), the exchange rate shifted by +0.0017 (+9.24%).

2023 Avg (February) 0.0196

2022 Avg (February) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0198	0.0191	0.0194
February	0.0199	0.0190	0.0196
March	0.0198	0.0189	0.0195
April	0.0193	0.0186	0.0191
May	0.0195	0.0189	0.0192
June	0.0196	0.0185	0.0190
July	0.0189	0.0179	0.0183
August	0.0183	0.0179	0.0181
September	0.0189	0.0181	0.0186
October	0.0192	0.0186	0.0188
November	0.0193	0.0184	0.0188
December	0.0190	0.0185	0.0187