YEARLY HIGH
39.5376 ISK
YEARLY LOW
33.0911 ISK
YEARLY AVERAGE
36.0132 ISK

2022 SAR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 39.5376. Conversely, the yearly low was recorded on February 15, dropping to 33.0911.

This high-to-low spread represents a total annual volatility of 6.4464 ISK. From a start-to-finish perspective, comparing the January average rate of 34.3710 to the December average rate of 37.8476, the exchange rate registered a net change of 10.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 39.5376 was up 11.61% compared to the 2021 peak of 35.4258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,688 ISK
2021 Average 169,280 ISK
Yearly Trough Low 165,456 ISK
Transaction Impact: A difference of 32,232.11 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

38.8297
32.8341
JanuMarcMayJulySeptNove

SAR 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 34.4594, compared to 37.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1077 points.

H1 Avg (Jan–Jun) 34.4594
H2 Avg (Jul–Dec) 37.5670

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.0795 ISK (High: 39.5376 / Low: 37.4581). On the other end, December was the most stable month, with a tight range of 0.6740 ISK (High: 38.2101 / Low: 37.5361).

November Spread (Volatile) ±2.0795
December Spread (Stable) ±0.6740

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0373 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.0373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 38.3301) against the same month in 2021 (average: 34.8341), the exchange rate shifted by +3.4960 (+10.04%).

2022 Avg (November) 38.3301
2021 Avg (November) 34.8341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.8333 34.0378 34.3710
February 33.9564 33.0911 33.3337
March 35.8140 33.9130 34.7346
April 34.9792 34.1482 34.4684
May 35.8842 33.8344 34.9142
June 35.5911 34.0028 34.9344
July 36.9588 35.5778 36.3270
August 37.7422 35.9879 36.9090
September 38.6473 36.8424 37.6941
October 38.6382 37.7641 38.2944
November 39.5376 37.4581 38.3301
December 38.2101 37.5361 37.8476