2022 QAR to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 QAR to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the QAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 40.8212. Conversely, the yearly low was recorded on February 9, dropping to 34.0978.
This high-to-low spread represents a total annual volatility of 6.7234 ISK. From a start-to-finish perspective, comparing the January average rate of 35.4265 to the December average rate of 39.0336, the exchange rate registered a net change of 10.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 40.8212 was up 11.84% compared to the 2021 peak of 36.4982, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
QAR to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.4939, compared to 38.7321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 2.4492 ISK (High: 40.8212 / Low: 38.3720). On the other end, December was the most stable month, with a tight range of 0.7912 ISK (High: 39.4617 / Low: 38.6705).
Growth Streaks & Declines
TrendsBetween 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 1.0840 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 39.5546) against the same month in 2021 (average: 35.8782), the exchange rate shifted by +3.6764 (+10.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.9297 | 35.0755 | 35.4265 |
| February | 34.9876 | 34.0978 | 34.3425 |
| March | 36.9074 | 34.9437 | 35.7876 |
| April | 36.0316 | 35.1881 | 35.5019 |
| May | 36.9704 | 34.6870 | 35.9616 |
| June | 36.4758 | 35.0261 | 35.9433 |
| July | 37.7638 | 36.4707 | 37.3074 |
| August | 38.9316 | 37.1217 | 38.0713 |
| September | 39.9286 | 38.0143 | 38.9161 |
| October | 39.8901 | 38.8627 | 39.5098 |
| November | 40.8212 | 38.3720 | 39.5546 |
| December | 39.4617 | 38.6705 | 39.0336 |