2022 RON to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 RON to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the RON to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 31.1162. Conversely, the yearly low was recorded on May 31, dropping to 27.5764.
This high-to-low spread represents a total annual volatility of 3.5398 ISK. From a start-to-finish perspective, comparing the January average rate of 29.5318 to the December average rate of 30.6283, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 31.1162 was down 3.40% compared to the 2021 peak of 32.2130, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
RON 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 28.5842, compared to 29.1358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 1.5189 ISK (High: 30.7553 / Low: 29.2364). On the other end, July was the most stable month, with a tight range of 0.4282 ISK (High: 28.3696 / Low: 27.9415).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.8437 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 30.6283) against the same month in 2021 (average: 29.7155), the exchange rate shifted by +0.9128 (+3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.9039 | 29.0019 | 29.5318 |
| February | 29.0321 | 28.4634 | 28.6881 |
| March | 29.5023 | 28.5829 | 28.9892 |
| April | 28.7172 | 27.8456 | 28.2839 |
| May | 28.2387 | 27.5764 | 28.0027 |
| June | 28.2903 | 27.7181 | 28.0093 |
| July | 28.3696 | 27.9415 | 28.1615 |
| August | 29.2586 | 28.1481 | 28.7012 |
| September | 29.5254 | 28.0738 | 28.6153 |
| October | 29.4320 | 28.2452 | 28.7282 |
| November | 30.7553 | 29.2364 | 29.9804 |
| December | 31.1162 | 30.1944 | 30.6283 |