YEARLY HIGH
31.1162 ISK
YEARLY LOW
27.5764 ISK
YEARLY AVERAGE
28.8600 ISK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 155,581 ISK
2021 Average 152,619 ISK
Yearly Trough Low 137,882 ISK
Transaction Impact: A difference of 17,698.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

30.8909
27.7401
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 28.5842
H2 Avg (Jul–Dec) 29.1358

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.5189
July Spread (Stable) ±0.4282

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8437

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 30.6283
2021 Avg (December) 29.7155

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