2023 RUB to ISK Historical Review

YEARLY HIGH

2.1566 ISK

YEARLY LOW

1.3184 ISK

YEARLY AVERAGE

1.6367 ISK

2023 RUB to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.1566. Conversely, the yearly low was recorded on August 12, dropping to 1.3184.

This high-to-low spread represents a total annual volatility of 0.8381 ISK. From a start-to-finish perspective, comparing the January average rate of 2.0435 to the December average rate of 1.5140, the exchange rate registered a net change of -25.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1566 was down 15.22% compared to the 2022 peak of 2.5436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,783 ISK

2022 Average 10,079 ISK

Yearly Trough Low 6,592 ISK

Transaction Impact: A difference of 4,190.72 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1102

1.3094

JanuMarcMayJulySeptNove

RUB 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 1.8187, compared to 1.4546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3641 points.

H1 Avg (Jan–Jun) 1.8187

H2 Avg (Jul–Dec) 1.4546

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2350 ISK (High: 2.1566 / Low: 1.9215). On the other end, September was the most stable month, with a tight range of 0.0656 ISK (High: 1.4290 / Low: 1.3634).

January Spread (Volatile) ±0.2350

September Spread (Stable) ±0.0656

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 0.1894 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.0435) against the same month in 2022 (average: 1.6853), the exchange rate shifted by +0.3582 (+21.25%).

2023 Avg (January) 2.0435

2022 Avg (January) 1.6853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1566	1.9215	2.0435
February	2.0128	1.9003	1.9467
March	1.8875	1.7575	1.8329
April	1.7715	1.6514	1.6856
May	1.7938	1.6919	1.7495
June	1.7459	1.5341	1.6541
July	1.5500	1.4277	1.4647
August	1.4186	1.3184	1.3762
September	1.4290	1.3634	1.3991
October	1.4941	1.3570	1.4291
November	1.5987	1.4957	1.5446
December	1.5508	1.4700	1.5140